07
Oct
09:16
Italian wire rod increases again
Italian drawing-quality wire rod prices are fast increasing in transactions again in October, by €20/tonne ($23) from September, mills and buyers tell Kallanish.
Wire rod is now fetching €460-475/t ex-works as buyers continue to restock. Transactions have gone up from the levels of €400-420/t ex-works in August, Kallanish notes.
While drawing mills are filling their order books until the end of the year and enjoying good demand, they are …
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Anonymous
Very good overview of the weekly steel market.
Anonymous