EUROPE WIRE ROD: Lack of buying urgency sees market fall flat again

November 01, 2018 / www.metalbulletin.com / Article Link

European prices for mesh-quality wire rod were flat across the Northern and Southern parts of the continent on Wednesday October 31, with few buyers seriously enquiring for deliveries.

Fastmarkets' weekly domestic price assessments for mesh-quality wire rod in both Southern and Northern Europe were ?,?535-560 ($608-636) per tonne delivered on Wednesday. Both assessments were unchanged over the previous week. Sellers are offering at higher prices than the Fastmarkets range due to higher raw material costs, but...

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