23
Nov
15:43
Northern European rod holds steady amid quiet market
Northern European wire rod prices have remained stable this week due to the quiet market, sources say. Participants expect values to be unstable for the remainder of the year due to low demand amid high costs for production.
“Energy costs continue to influence the market and there are practically no new deals,” one buyer tells Kallanish.
Domestic transaction prices for drawing-quality wire rod are at €620/tonne ($676/t) ex-works and mesh-grade w…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous