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14 Nov
14:32

Quotas threaten operations at European wire rod processor

A northern European wire rod processor says that it may need to halt production temporarily at the end of the year as EU quotas for the import of wire rod in Europe are rapidly filling. Dutch-headquartered Van Merksteijn International processes wire rod mainly for the construction sector. The group, with operations in Holland, France and Belgium, uses some 1.2 million tonnes of wire rod each year, with the raw material supplies coming mainly from imports. …
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