07
Dec
21:33
British Steel hikes wire rod prices
In tandem with its price increase for structural sections (see seperate article), major UK longs producer British Steel has also announced an increase in its wire rod prices.
In a statement sent to Kallanish the company says that it will be raising the cost of wire rod by £50/tonne ($67.37/t), effective on all deliveries from 1 January 1 2018. Cumulative price increases mean British Steel wire rod products are now more than £100/t higher than in Augu…
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Anonymous
Very good overview of the weekly steel market.
Anonymous