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21 Mar
15:39

Northern European rod stays flat amid low demand

Northern European wire rod prices have remained stable this week amid a quiet market due to low demand, sources say. However, some participants continue to expect buying to pick up in the coming weeks. “Activity is still slow, but there are signs that the market will improve amid the restocking for the summer construction season,” one trader from the Netherlands tells Kallanish. Domestic transaction prices for drawing-quality wire rod are at €650…
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