CIS LONG STEEL EXPORT: Weak demand pressures wire rod prices

CIS export wire rod prices have softened at the beginning of November on limited demand in the major sales outlets, according to market sources.

Fastmarkets’ weekly price assessment for steel wire rod (mesh quality), export, fob Black Sea, CIS, was $420-430 per tonne on Monday November 4, down by $10 on the lower end. Recent offers for Russian wire rod were heard at $430 per tonne fob last week. No new offers were reported this week as the Russian market...

Published

Vlada Novokreshchenova

November 04, 2019

17:04 GMT

Dnepr