17
Jun
15:18
Northern European wire rod hits €900
Northern European wire rod prices have continued to increase this week, by another €20-30/tonne ($24-35/t). The expectation is still for further hikes due to higher demand, limited supply and increased scrap prices, market participants observe.
“Wire rod prices continue to go up and will probably reach new highs this month," a buyer in the Netherlands confirms to Kallanish. “We will probably continue to buy a significant amount of wire rod fo…
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Anonymous
Very good overview of the weekly steel market.
Anonymous