SOUTHERN EUROPE WIRE ROD: Prices edge down on soft buying, cheap imports

Domestic steel wire rod prices in Southern Europe were stable to slightly lower in the week to Wednesday July 21 amid seasonally slow trading activity and availability of cheaper imports, sources told Fastmarkets.

Fastmarkets’ weekly price assessment for steel wire rod (mesh-quality), domestic, delivered Southern Europe was €830-850 ($978-1,001) per tonne on July 21, narrowing downward from €830-870 per tonne the previous week.
The steel wire rod market in Italy was seasonally quiet over the past seven days, with trading activity "very limited," sources said.

"Some buyers adopted such a policy: they do not want to restock at...


Julia Bolotova

July 21, 2021

16:02 GMT