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04 Apr
15:46

Northern European rod prices stable, more demand expected

Northern European wire rod prices have remained flat this week amid a sluggish market, sources say. However, some participants continue to expect more activity and new demand in the market. “In the coming weeks, some wire rod mills are going to increase trading and prices could increase,” one buyer from the Netherlands tells Kallanish. Domestic transaction prices for drawing-quality wire rod are at €650/tonne ($706/t) ex-works and mesh-grade wire…
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