EUROPE WIRE ROD: Prices down on poor demand, low scrap costs

September 26, 2019 / www.metalbulletin.com / Article Link

The price of wire rod delivered in the Northern and Southern European domestic markets decreased this week on the back of poor demand and low ferrous scrap costs, sources told Fastmarkets on Wednesday September 25.

Fastmarkets' weekly price assessment for steel wire rod (mesh-quality), domestic, delivered Northern Europe was ?,?440-450 ($484-495) per tonne on Wednesday, down by ?,?20 per tonne week on week. Meanwhile, Fastmarkets' assessment of the price of steel wire...

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