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20 Apr

Northern European wire rod market remains sluggish

Northern European wire rod prices have remained flat this week amid low demand and a quiet market, sources say. Most participants do not expect new movements soon. “Demand is very weak and most European countries are very pessimistic things will change soon,” a buyer from the Netherlands tells Kallanish. Domestic transaction prices for drawing-quality wire rod are at €720/tonne ($790/t) ex-works and mesh-grade wire rod is at €740/t, sources …
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Svetoslav Abrossimov  |  Bulgaria
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