22
Nov
12:08
Italian wire rod flattens on quiet market
Italian wire rod prices are consolidating after increasing month-on-month by some €40/tonne ($43) on high raw materials and production costs, Kallanish notes.
After some increased sales activity in the second week of November, demand is now quietening and aligning with the low consumption levels seen in previous months.
Order intake from drawing mills in the north of the country continues to be weak, with visibility very short. They are ordering two or three…
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Anonymous
Very good overview of the weekly steel market.
Anonymous