EUROPE WIRE ROD: Price stable but may fall on weaker scrap costs

May 09, 2019 / www.metalbulletin.com / Article Link

Prices for mesh-quality wire rod in Europe were stable this week amid limited market activity, sources told Fastmarkets on Wednesday May 8.

Fastmarkets' assessment of the domestic mesh-quality wire rod price in Southern Europe was ?,?525-550 ($588-616) per tonne on May 8, unchanged for the past three weeks.The price has stayed within the range of ?,?525-560 per tonne since July 4 last year. But despite this...

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