Domestic prices for wire rod rose in both Northern and Southern Europe this week with European mills pushing through increases because of higher production costs, sources told Metal Bulletin on Wednesday January 10.
Metal Bulletin's weekly price assessment for domestic mesh-quality wire rod in Northern Europe was ?,?545-565 ($651-675) per tonne delivered on Wednesday, up by ?,?5-20 per tonne from ?,?540-545 per tonne on January 3."Prices are pushing up sharply on high scrap costs, while [costs for] electrodes, refractories and...