Fastmarkets’ weekly price assessment for steel wire rod (mesh-quality), domestic, delivered Southern Europe
, was €490-495 ($581-587) per tonne on Wednesday, up from €480-490 per tonne a week before.
The assessment reflected deals, offers and achievable prices heard in the market over the past week.
Italian producers were reported to have closed December bookings for steel mesh-quality wire rod at €490 per tonne delivered, and were looking to raise their prices for January deliveries, sources said.
Apart from the...