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Northern European wire rod prices continue to fall this week, with sales low and only small volumes being purchased. Most sources expect activity to remain subdued in the near term. “Some participants in the market have decided not to purchase any more volumes until the end of the year,” a buyer from the Netherlands tells Kallanish. Domestic transaction prices for drawing-quality wire rod have decreased by €20-40/tonne ($20-40/t) to €780/t e…
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