23
May
15:19
Northern European rod stays flat amid stable market
Northern European wire rod prices have not changed this week amid a stable market, sources say. The trend from past months continues, despite the push form suppliers to increase prices and revive trading activity.
“Demand continues to be low, because participants in the market are again in a wait-and-see mode,” one trader from the Netherlands tells Kallanish.
However, domestic transaction prices for drawing-quality wire rod are at €650/tonne ($7…
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Anonymous
Very good overview of the weekly steel market.
Anonymous