EUROPE WIRE ROD: Southern European prices widen down on import pressure

By Viral Shah / April 18, 2018 / www.metalbulletin.com / Article Link

Domestic prices for mesh-quality wire rod produced and delivered in Southern Europe have widened downward week-on-week, with Italian mills adjusting their offers amid low Turkish import prices, sources said on Wednesday April 18.

Southern European domestic prices for mesh-quality wire rod widened downward by ?,?10 per tonne over the week to ?,?530-560 ($656-693) per tonne delivered on April 18, compared with ?,?540-560 per tonne on April 11.Uncertainty surrounding the reaction of Turkish exporters following the imposition by the United...

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