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08 Mar
10:04

Italian wire rod suffers sluggish demand, falling prices

Italian wire rod prices are declining on low demand and competition from cheaper North Africa-origin material, but also from other EU countries, market participants tell Kallanish. Last week, like the previous week, drawing mills and other customers ordered very limited or no tonnages, expecting prices to fall further this month. January and the first half of February were particularly strong for sales of wire rod and its derivatives due to the absence of two loca…
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