Russian wire rod offer to Italy

Thursday, 25 July 2019 14:04:00 (GMT+3)   |   Istanbul

An ex-Russia drawing quality wire rod (SAE1006) offer to Italy is at $505/mt FOB, with shipment in late August. According to market sources, this price has not attracted buyers as it is higher compared to Italian domestic prices. Currently, local wire rod prices in Italy are at €470-480/mt ($522-533/mt) delivered. 

€1 = $1.11

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