EUROPE WIRE ROD: EU prices largely stable amid low demand

May 02, 2019 / www.metalbulletin.com / Article Link

The Northern European domestic price for mesh-quality wire rod has widened downwards by ?,?5 per tonne week-on-week, amid low demand, market participants told Fastmarkets on Wednesday May 1.

Fastmarkets' weekly domestic price assessment for mesh-quality wire rod in Northern Europe was ?,?525-550 ($588-616) per tonne delivered on Wednesday, down from ?,?530-550 per tonne on April 24. "Demand is stable but at a low level, and prices are largely stable too - I have not seen this kind of market for a while, but the mills do...

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