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27 Apr
14:05

Northern European wire rod prices remain stable

Northern European wire rod prices have remained flat this week amid low demand and a quiet market, sources say. Most participants hope for new orders soon. “There is practically no movement and demand is very weak,” a trader from the Netherlands tells Kallanish. Domestic transaction prices for drawing-quality wire rod are at €720/tonne ($795/t) ex-works and mesh-grade wire rod is at €740/t, sources say. Producers are asking for €740/t …
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