EU wire rod processors call for continued imports to ‘relieve’ margin pressure

Margin pressures felt by non-integrated European wire rod processors “will be mitigated only if access to imports, at commercially viable quantities and reasonable prices, is maintained,” according to the European Non-Integrated Wire Rod Processors Association (Eunirpa).

“[We are] concerned that, in spite of growing wire rod consumption in the EU, the non-integrated wire rod processors are not able to benefit from the positive market environment to the same extent as integrated EU wire rod producers,” Eunirpa said on Tuesday November 14. Wire rod import volumes into the EU fell by 4.63% to 1.30 million tonnes in January-August 2017,...

Published

Viral Shah

November 14, 2017

17:04 GMT

London