EUROPE WIRE ROD: Prices stable but rises expected on higher scrap costs

The price of steel wire rod in Europe was largely unchanged this week although increases were expected in light of the price rises seen in the Turkish scrap market since the beginning of October, sources told Fastmarkets on Wednesday November 6.

Fastmarkets’ weekly price assessment for steel wire rod (mesh-quality), domestic, delivered Northern Europe, was €430-450 ($477-500) per tonne on November 6, unchanged week-on-week.

Meanwhile, Fastmarkets’ price for steel wire rod (mesh quality), domestic, delivered...


Ross Yeo

November 06, 2019

19:10 GMT