The Commonwealth of Independent States (CIS) export wire rod price recovered somewhat in the week to Monday February 1 on demand in European markets, sources told Fastmarkets.
Offers of Ukraine-origin material were heard within the range of $700-730 per tonne fob Black Sea, depending on destination, while Russia-origin material was available within the range of $690-702 per tonne fob Black Sea, sources said.A cargo of Ukrainian wire rod was sold to Europe at $700 per tonne fob Black Sea last week, with the buyer saying that prices up to $710 per tonne fob could be...