06
Jul
15:25
Northern European rod prices flat, market foresees reduction
Northern European wire rod prices have remained stable for most sorts this week in a sluggish market, sources say. Some participants however expect new decreases due to low demand and summer holidays in Europe.
“Seems like some customers may try to pressure for new price decreases amid the summer,” one trader from the Netherlands tells Kallanish.
Domestic transaction prices for drawing-quality wire rod are at €610/tonne ($663/t) ex-works and mes…
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Anonymous
Very good overview of the weekly steel market.
Anonymous