12
May
15:38
Northern European wire rod prices start to decline
Northern European wire rod prices are decreasing slightly this week despite high demand and supply uncertainty in the market arising from the Russia-Ukraine war. Some sources expect more falls, but opinions are split.
“Demand and consumption in the market are good and most mills are restocking for the summer construction season,” a buyer from the Netherlands tells Kallanish.
Domestic transaction prices for drawing-quality wire rod are at €1,230/t…
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Anonymous
Very good overview of the weekly steel market.
Anonymous