Latest situation in local Italian wire rod market

Wednesday, 31 October 2018 17:41:40 (GMT+3)   |   Brescia
       

According to market sources, domestic drawing quality (SAE1006) wire rod prices in Italy are now at levels of €515-530/mt (582-599$/mt) delivered to customer, i.e., about €10-15/mt less compared to two weeks ago. Local prices have decreased due to the very low demand that has been recorded in the past two weeks, along with the availability of slightly cheaper import offers compared to domestic prices.

€1 = $1.13

 


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