07
Oct
15:37
Energy costs hit northern European wire rod market
Northern European wire rod prices have decreased further this week amid lower demand, but the feeling is that the fall is stopping due to higher energy costs of production, most market participants say.
“The reduction of prices has already stopped, after rising energy has had an impact on production in the region," a buyer from the Netherlands confirms to Kallanish.
Domestic transaction prices for drawing-quality wire rod are currently at €800-82…
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Anonymous
Very good overview of the weekly steel market.
Anonymous