Keystone lifts rod $40 per ton on electrode costs

Keystone Steel & Wire has raised prices for all wire rod products by $40 per ton ($2 per hundredweight), effective with shipments from October 2, the company said in a September 15 letter to customers.

“While market conditions remain steady, the impact of rising costs is having a significant impact on our business,” according to the USA-based mill. “The main driver in this cost is the global shortage...

Published

Nat Rudarakanchana

September 18, 2017

21:19 GMT