EUROPE WIRE ROD: Market flat as import quota rapidly fills up

European prices for mesh-quality wire rod were flat across the Northern and Southern parts of the continent on Wednesday November 7, with market participants becoming increasingly concerned over the state of the EU’s import quotas.

Fastmarkets’ weekly domestic price assessments for mesh-quality wire rod in both Southern and Northern Europe were €535-560 ($611-639) per tonne delivered on Wednesday. Both assessments were unchanged from the previous week.
Deals have been thin on the ground in recent weeks, and prices have stagnated on that lack of activity.

But the market is...


Jethro Wookey

November 07, 2018

17:01 GMT