EUROPE WIRE ROD: Prices stay flat amid growing import uncertainty

European prices for mesh-quality wire rod stayed flat across the continent on Wednesday February 27, with slow demand keeping prices steady and negating any effect of potential supply pressure from the European Commission’s safeguard import quotas.

Fastmarkets MB’s weekly domestic price assessments for mesh-quality wire rod for both Northern  and Southern Europe stayed at €530-550 ($603-625) per tonne delivered on Wednesday. Although market participants still...

Published

Jethro Wookey

February 27, 2019

17:40 GMT

London