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 week. US wire rod mills typically separate the more intermittent base price changes from monthly price...

Published

November 30, 2017

20:07 GMT

New York