Fastmarkets’ weekly price assessment for
steel wire rod (mesh-quality), domestic, delivered Southern Europe, was €650-680 ($789-826) per tonne on Wednesday, up by €10-30 per tonne from €640-650 per tonne a week earlier.
The assessment moved up mostly due to sharp price increases announced by Italian mills late last week.
Italy
Italian producers pushed their wire rod offer prices to €665-690 per tonne delivered during the assessment period, up from €650 per tonne seven days ago,...