Domestic prices for mesh-quality wire rod produced and delivered in both Northern and Southern Europe were unchanged this week, with weaker demand in the domestic market and a lack of import offers, sources said on Wednesday May 23.
The Southern European domestic price for mesh-quality wire rod was unchanged over the week at ?,?525-535 ($619-631) per tonne delivered on May 23."There is a degree of pressure from non-integrated wire rod processors, which say that their margins are too tight right now,...