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26 May
15:54

Northern European wire rod prices continue to fall

Northern European wire rod prices continue to decrease this week due to lower demand and decreased scrap prices in Europe. Most sources expect even more falls in June, but some say they will be moderate. “Trade activity is normal, but demand is slow,” a buyer from the Netherlands tells Kallanish. “I expect for June a small decrease of EU prices, and in the summer months they will probably be stable. There may even be some increase here and there…
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