NORTHERN EUROPE WIRE ROD: Prices largely unchanged, sentiment upbeat

Steel wire rod prices in Northern Europe were broadly unchanged in the week to October 27, but sentiment was nonetheless optimistic and sources told Fastmarkets they expect prices to move up in November on restocking activity.

Fastmarkets’ weekly price assessment for steel wire rod (mesh quality), domestic, delivered northern Europe was unchanged at €800-840 ($928-974) per tonne on Wednesday.
The assessment reflected deals, offers and achievable prices reported by the market participants over the past week.
Notably, in Germany and the Benelux area, offers were at about €820-840 per tonne delivered, while transactions were heard at €800-830 per tonne delivered during the assessment week.

Trading activity in both...


Julia Bolotova

October 27, 2021

14:08 GMT