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13 Jun

Northern European wire rod prices flatten

Northern European wire rod prices are stable again this week amid low activity in the market, sources say. The stable trend from past months continues, despite the push from suppliers to increase quotes. “There is very little trade activity in Europe and most participants in the market do not expect big changes soon,” one trader from the Netherlands tells Kallanish. Domestic transaction prices for drawing-quality wire rod are at €650/tonne ($701/…
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