EUROPE WIRE ROD: Prices down on lower scrap costs despite strong demand

By Viral Shah / February 14, 2018 / www.metalbulletin.com / Article Link

Domestic prices for steel wire rod in Northern Europe widened downward by ?,?5 per tonne this week, amid scrap costs that are weakening and despite strong demand, sources told Metal Bulletin on Wednesday February 7.

Metal Bulletin's weekly price assessment for domestic mesh-quality wire rod in Northern Europe widened downward week-on-week to ?,?545-560 ($672-691) per tonne delivered on Wednesday. This compared with ?,?550-560 per tonne delivered on February 7.Monthly domestic scrap...

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