Fastmarkets’ weekly price assessment for steel wire rod (mesh-quality), domestic, delivered Northern Europe
was €440-460 ($515-538) per tonne on August 12, the same as last week.
The assessment reflects deals and offers heard in the market. Sources reported most deals at the lower end of the price range.
"€450-460 [per tonne, delivered] is the price for a small volume order," a mill source said.
In the north of Europe, trading activity was reported to be strong in most countries, driven by a well-performing construction sector.
"Construction is performing well, Germany never really stopped for summer break, Netherlands will be fully back next week, but France is completely...