27
May
15:30
Northern European wire rod prices continue to climb
Northern European wire rod prices have continued to increase significantly this week, by €40-50/tonne ($49-61/t). The expectation is for further hikes due to higher demand, limited supply and increased scrap prices, market participants observe.
“Wire rod prices continue to go up and this will probably be the trend in June,” a Netherlands producer confirms to Kallanish.
Domestic transaction prices for drawing-quality wire rod are currently at &eur…
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Anonymous
Very good overview of the weekly steel market.
Anonymous