09
Apr
14:31
Italian wire rod prices may increase
Italian wire rod prices may increase by some €20/tonne ($21) in the coming days as producers are considering pushing up their values due to the high production costs and low imports.
While the product continues to suffer sluggish demand, sales executives report some more orders as their customers’ process of destocking seems to have come to an end. Drawing mills however continue to report low orders and cannot pass on the increases downstream. They are …
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Anonymous
Very good overview of the weekly steel market.
Anonymous