EUROPE WIRE ROD: Prices flat despite dip in feedstock costs

February 06, 2020 / www.metalbulletin.com / Article Link

Prices for steel mesh-quality wire rod in Europe were flat this week although feedstock costs continued to fall, sources told Fastmarkets on Wednesday February 5.

Fastmarkets' weekly price assessment for steel wire rod (mesh-quality), domestic, delivered Northern Europe, remained at ?,?460-470 ($508-519) per tonne on February 5, the third consecutive week of stability.

Feedstock prices rose sharply during the latter part of 2019, prompting hopes of higher prices for...

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