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03 Nov

Northern European wire rod prices slowly decline

Northern European wire rod prices started to fall this week, with sales low and customers continuing to adopt a wait-and-see attitude. Most sources expect activity to remain subdued in the near term. “Demand is so far good, but customers are again buying mainly small volumes,” a buyer tells Kallanish. “The main reasons remain high energy costs and low exports.” Domestic transaction prices for drawing-quality wire rod have decreased by &eur…
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