26
Oct
15:39
Northern European rod market remains sluggish, prices flat
Northern European wire rod prices have mostly remained stable this week amid the sluggish market, sources say. However, some participants continue to expect price hikes amid new demand.
“There are some orders, but prices are stable because there is low demand in Europe amid high transportation and energy costs,” one trader from the Netherlands tells Kallanish.
Domestic transaction prices for drawing-quality wire rod are at €600/tonne ($632/t) ex…
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Anonymous
Very good overview of the weekly steel market.
Anonymous