SOUTHERN EUROPE WIRE ROD: Market quiet, but price rises likely

The steel wire rod market in Southern Europe was mostly flat week on week, with buying activity falling quiet after mills moved to raise prices last week, Fastmarkets heard on Wednesday April 28.

Fastmarkets’ weekly price assessment for steel wire rod (mesh-quality), domestic, delivered Southern Europe, was €660-680 ($797-821) per tonne on Wednesday, unchanged over the past week.
The assessment was based on deals and achievable prices reported by market participants over the assessment period.

In Italy, trading was largely quiet after the price...

Published

Julia Bolotova

April 28, 2021

15:45 GMT

Dnipro