24
Jun
15:56
Northern European rod market eyes further price increase
Northern European wire rod prices have stayed flat this week, but the expectation is still for further hikes due to higher demand, limited supply and a fire at a rod plant in Belgium, market participants observe.
“Wire rod prices continue to go up and will probably reach new highs in July," a buyer in the Netherlands confirms to Kallanish. “We continue to buy a significant amount of wire rod for our customers for early August, but the proposed EU …
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Anonymous
Very good overview of the weekly steel market.
Anonymous