CIS export wire rod prices surged in the week to Monday November 18, buoyed by the strength of global prices and raw materials and semi-finished steel costs, even as demand remained limited.
Fastmarkets' price assessment for steel wire rod (mesh quality), export, fob Black Sea, CIS, was $435-445 per tonne on Monday November 18, up by $15 per tonne week-on-week.Wire rod from Russia and Ukraine scheduled for shipment in December-January was mainly available within the range of $445-450 per tonne fob Black Sea, compared...