03
Jun
14:56
Northern European wire rod prices increase slightly
Northern European wire rod prices have continued to increase this week by €10-20/tonne ($12-24/t). The expectation continues to be for further hikes due to higher demand, limited supply and increased scrap prices, market participants observe.
“Wire rod prices continue to go up in the beginning of June, but not so high like in the previous month," a buyer in the Netherlands confirms to Kallanish. “We bought a significant amount of wire rod fro…
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Anonymous
Very good overview of the weekly steel market.
Anonymous