EUROPE WIRE ROD: Prices dip on seller competition; market braced for coronavirus effects

The prices of mesh-quality wire rod in the European domestic markets have widened downward slightly over the past seven days amid competition among sellers, Fastmarkets heard on Wednesday March 4.

Fastmarkets’ weekly price assessment for steel wire rod (mesh-quality), domestic, delivered Northern Europe, was €455-470 ($507-524) per tonne on March 4, down by €5 per tonne on the low end.

The corresponding weekly price assessment for steel wire rod (mesh quality), domestic, delivered Southern Europe, stayed in step with the...

Published

Ross Yeo

March 04, 2020

19:54 GMT

London