EUROPE WIRE ROD: Prices stable while market waits for scrap settlements

The price of steel mesh-quality wire rod was unchanged in Europe while market participants waited to see how the monthly European ferrous scrap prices would settle, sources told Fastmarkets on Wednesday February 12.

Fastmarkets’ weekly price assessment for steel wire rod (mesh-quality), domestic, delivered Northern Europe, remained at €460-470 ($502-513) per tonne on February 12, the fourth consecutive week of stability.

And the weekly price assessment for steel wire rod (mesh quality), domestic, delivered Southern...

Published

Ross Yeo

February 12, 2020

18:15 GMT

London