20
Mar
11:15
Italian wire rod market goes quiet
Italian wire rod continues to suffer sluggish demand this month. Prices are on a declining trend as market sources report low activity and weak orders, Kallanish notes.
High-carbon steel wire rod sales volumes are said to be better compared to low-carbon drawing-quality material. The current quiet follows stronger sales in January-February due to the absence of two mills in Italy and fewer imports from an eastern European producer.
However, the weak downstream ma…
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Anonymous
Very good overview of the weekly steel market.
Anonymous