Producers, however, were in no hurry to drop their offer prices, sources told Fastmarkets on Wednesday.
Fastmarkets’ weekly price assessment for steel wire rod (mesh-quality) domestic, delivered Northern Europe
was €880-900 ($1,040-1,063) per tonne on Wednesday, narrowing down from €880-910 per tonne seven days ago.
The assessment was a reflection of deals, offers and achievable prices reported by market participants over the past week.
While buyers preferred to take a wait-and-see...