Steel wire-rod market in southern Europe remains flat; sentiment cautiously positive

Steel wire-rod prices in southern Europe remained largely flat over the past week in a quiet market; however mills were still considering price rises due to high costs, sources told Fastmarkets on November 24.

Fastmarkets’ weekly price assessment for steel wire rod (mesh quality), domestic, delivered Southern Europe was €780-810 ($877-911) per tonne on Wednesday, narrowing upward by €10 per tonne from €770-810 per tonne delivered last week.

In Italy, trading activity remained sluggish over the week with scarce...

Published

Julia Bolotova

November 24, 2021

16:49 GMT

Dnipro