Steel wire-rod prices firm in northern Europe, but increases likely

Domestic steel wire-rod prices in Northern Europe have been broadly stable over the past week, supported by good end-user demand and limited imports, but local producers have been targeting increases due to high energy costs, Fastmarkets heard on Wednesday January 26.

Fastmarkets’ weekly price assessment for steel wire rod (mesh quality), domestic, delivered Northern Europe was €850-870 ($960-983) per tonne on January 26, unchanged from the previous week.

High prices...

Published

Julia Bolotova

January 26, 2022

16:20 GMT

Dnipro