Northern Europe wire rod prices slip further on weak demand, cheaper scrap

Wire rod prices in Northern Europe’s domestic market moved further down in the past week on weak demand and lower scrap costs, sources told Fastmarkets on Wednesday May 25.

Fastmarkets’ weekly price assessment for steel wire rod (mesh quality) domestic, delivered Northern Europe was €1,230-1,270 ($1,317-1,356) per tonne, down by €10-20 per tonne week on week.
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Published

Ross Yeo

May 26, 2022

10:36 GMT

London