EUROPE WIRE ROD: Prices push higher on positive market view despite political uncertainty

The European price of mesh-quality wire rod narrowed at the low end of the range on Wednesday March 13, reflecting the market’s sound fundamentals starting to re-emerge in a murky political environment.

Fastmarkets MB’s weekly domestic price assessment of mesh-quality wire rod for both Northern and Southern Europe edged up to €535-550 ($603-620) per tonne delivered on Wednesday from €530-550 per tonne previously. Although consumer buying has been very thin so far this year due to the uncertain...

Published

Jethro Wookey

March 13, 2019

17:06 GMT

London