Keystone raising wire rod prices by $45-60 per ton from January

US steelmaker Keystone Steel & Wire will implement a base price increase of $45 per ton on low-carbon steel wire rod and $60 per ton on high-carbon wire rod, the company said in a letter to customers dated Wednesday November 29.

The increases, a leading move, will become effective with shipments from January 2 and come just before December’s monthly scrap market settlements. Those scrap negotiations are expected to start next...

Published

Nat Rudarakanchana

November 30, 2017

20:07 GMT

New York