EUROPE WIRE ROD: Sellers consolidate scrap-driven increases; price range narrows upwards

The price of steel mesh-quality wire rod in the Northern and Southern European domestic markets narrowed upwards, with sellers consolidating recent price increases, sources told Fastmarkets.

Sellers had previously managed to push through partial increases based on rising ferrous scrap cost; this week they were able to replicate this across their customer bases.

Fastmarkets’ weekly price assessment of steel wire rod (mesh-quality), domestic, delivered Northern...


Ross Yeo

December 18, 2019

18:32 GMT