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19 Jan
15:26

Northern European wire rod prices remain flat

Northern European wire rod prices have remained stable again this week after activity returned to the market, sources say, adding they continue to expect prices to increase this month due to restocking by steelmakers. “Some EU mills are desperate to sell wire rod,” a buyer from the Netherlands tells Kallanish. However, so far, domestic transaction prices for drawing-quality wire rod are at €710/tonne ($767/t) ex-works and mesh-grade wire rod is a…
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