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28 Oct
15:49

Restocking lifts northern European wire rod prices

Northern European wire rod prices continue to increase this week amid new demand, mostly due to higher energy costs, most market participants say. Some even expect more significant increases in the near future. “Prices are expected to climb further on restocking activity," a buyer from the Netherlands confirms to Kallanish. “Demand for wire rod continues to be good.” Domestic transaction prices for drawing-quality wire rod are currently at …
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