Prices for cold-heading quality (CHQ) and high-carbon wire rod remained stable month over month in the United States, although sources offered varied reports on market activity.
Fastmarkets AMM again assessed the price for cold-heading quality wire rod at $46 per hundredweight ($920 per short ton) North American delivered duty paid Great Lakes region on Friday March 15 and that for high carbon wire rod firm at $41 per cwt ($820 per short ton) fob mill.Cold-heading quality wire rod "We're seeing that the market has softened and lead times have pulled in to three to four weeks," a CHQ consumer told Fastmarkets.According to this source, demand for CHQ...