Fastmarkets’ weekly price assessment for
steel wire rod (mesh-quality), domestic, delivered Southern Europe was €650 ($791) per tonne on Wednesday January 13, up by €40 per tonne from €610 per tonne a week earlier.
Italy
Italian producers pushed wire rod offer prices to €650 per tonne delivered during the assessment week, up from €600-610 per tonne before the Christmas break.
"Everybody is pretty alarmed by the situation because this is an incredible increase, even though it was expected somehow," a local buyer...