NORTHERN EUROPE WIRE ROD: Prices broadly flat in quiet market

Steel wire rod prices in Northern Europe were broadly flat in the week to Wednesday October 13, with trading activity limited, but demand is expected to recover soon, sources told Fastmarkets.

Fastmarkets’ weekly price assessment for steel wire rod (mesh quality), domestic, delivered Northern Europe was €800-820 ($924-948) per tonne on Wednesday, same as seven days earlier.
Daily demand for wire rod in the region remained limited over the past week because buyers have been holding back, assessing the price direction.

“The market has been declining since mid-September, so everyone has...

Published

Julia Bolotova

October 13, 2021

15:27 GMT

Dnipro