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18 Nov
15:29

Northern European wire rod prices pause rise

Northern European wire rod prices remained stable in most cases this week despite good demand, say market participants. However, they expect the value increases from last week to continue. “Activity in the market is due to restocking and more demand," a buyer from the Netherlands confirms to Kallanish. “Most booking are from domestic producers.” Domestic transaction prices for drawing-quality wire rod are currently at €840-860/tonne ($…
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