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16 Mar

Northern European rod remains flat, Asian vessel expected

Northern European wire rod prices have remained stable again this week amid low demand, sources say. Most participants expect the market to improve, but the new construction season has not yet started. “I don't see much happening in the market,” a trader from the Netherlands tells Kallanish. “Customers stay quiet, the building sector is still on hold for new projects.” Domestic transaction prices for drawing-quality wire rod are at &eu…
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