Italian wire rod prices up in February, to keep rising

摘要

Wire rod prices in Italy went up over the month amid good buying both at home and in Europe. The upward trend isexpected to continue.At the beginning of February, deals for drawing quality wire rod from Italian producers were heard domestically atEUR 530?550/t EXW, February delivery, EUR 10?20/t above the level offered a month ago. The price increase wassupported by good buying in Italy, sources said.