18
Jan
15:57
Northern European wire rod prices stable, increases expected
Northern European wire rod prices have remained stable this week amid a quiet market in Europe and subdued exports, sources say. Participants are however expecting increases in the next few weeks.
“Demand is still low, because the steel [drawing] mills have not started to restock for the moment,” one trader from the Netherlands tells Kallanish.
Domestic transaction prices for drawing-quality wire rod are at €640/tonne ($694/t) ex-works and mesh-gā¦
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Anonymous
Very good overview of the weekly steel market.
Anonymous