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01 Jun
15:52

Northern European rod remains stable amid quiet market

Northern European wire rod prices have remained flat this week amid low demand, sources say. Most participants have mixed feelings about the market in the coming weeks. “The market has stayed week; some participants are buying small quantities for the summer,” a trader from the Netherlands tells Kallanish. Domestic transaction prices for drawing-quality wire rod are at €650/tonne ($697/t) ex-works and mesh-grade wire rod is at €655/t, source…
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