POLAND WIRE ROD: Buyers accept higher prices on material shortage

Transaction prices for domestic wire rod in Poland increased in the week to Friday July 30 following higher offers announced by mills the previous week, sources told Fastmarkets.

Continuous short supply of the material supported the rising deal prices.

Transactions for the domestic material were heard at 4,200-4,250 zloty ($1,088-1,101) per tonne delivered. This was in line with the offer price mills announced for August rolling wire rod....

Published

Maria Tanatar

July 30, 2021

15:02 GMT

London