The price of mesh-quality wire rod in Europe fell by ?,?5 per tonne week on week following the drop in ferrous scrap prices, sources told Fastmarkets on Wednesday June 26.
Fastmarkets' weekly domestic price assessment for mesh-quality wire rod in Northern Europe was ?,?500-510 ($569-581) per tonne delivered on Wednesday, down from ?,?505-515 per tonne delivered on June 19.Fastmarkets' daily Turkish import scrap index for Northern Europe-origin HMS 1&2 (80:20) was $273.88 per tonne cfr on Wednesday June 26, having fallen steadily from $287.76 per tonne cfr two weeks earlier on June 12.Similarly,...