04
Nov
14:48
Northern European rod market expects new prices hikes
Northern European wire rod prices remained flat in most cases this week despite high demand, most market participants say. Most expect significant increases this month.
“Prices will climb further on continues restocking activity and high scrap prices," a buyer from the Netherlands confirms to Kallanish.
Domestic transaction prices for drawing-quality wire rod are currently at €830-860/tonne ($958-993/t) ex-works and at €810-820/t ex-works for…
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Anonymous
Very good overview of the weekly steel market.
Anonymous