EUROPE WIRE ROD: Prices inch up on high feedstock costs

The price of steel wire rod in Southern Europe moved up this week, with mills contining their drive to increase prices amid rising feedstock costs, Fastmarkets heard on Wednesday November 20.

Fastmarkets’ weekly price assessment for steel wire rod (mesh-quality), domestic, delivered Southern Europe, was €425-460 ($471-509) per tonne on Wednesday, up from €425-450 per tonne one week earlier.

Prices for scrap imported into Turkey, the global trendsetter market, have continued...


Carrie Bone

November 20, 2019

16:40 GMT