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06 Apr

Northern European rod market falls silent

Northern European wire rod prices have remained flat this week amid zero demand and a very quiet market, sources say. Most participants do not expect the situation to change soon. “The market is totally quiet; there is zero activity,” a trader from the Netherlands tells Kallanish. Domestic transaction prices for drawing-quality wire rod are at €720/tonne ($784/t) ex-works and mesh-grade wire rod is at €740/t, sources say. Producers are aski…
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Svetoslav Abrossimov  |  Bulgaria
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