17
Mar
14:44
Northern European wire rod prices skyrocket amid war
Northern European wire rod prices reached new highs this week amid the ongoing Russian invasion of Ukraine, and market participants expect yet more significant hikes.
“Prices exploded this week amid unprecedented cost increases and limited imports,” a buyer from the Netherlands tells Kallanish.
Prices are skyrocketing, have recorded an increase of more than €150-200/tonne ($166-221), most participants note.
Domestic transaction prices for drawin…
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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