Wire rod price in Northern Europe flattens, but mills mull rises

Steel wire rod prices in Northern Europe have remained unchanged over the past week, but producers were reported to be looking for increases in December, market sources have told Fastmarkets.

Fastmarkets’ weekly price assessment for steel wire rod (mesh quality), domestic, delivered Northern Europe, remained at €810-850 ($909-953) per tonne on Wednesday November 24, stable for the third consecutive week.
The daily demand for wire rod in the region was a little slower compared with the previous week, sources said, but still remained “healthy.”

“Stockists continue to book wire rod for the first quarter...

Published

Julia Bolotova

November 25, 2021

14:38 GMT

Dnipro