EUROPE WIRE ROD: Prices steady but market split on future direction

October 25, 2018 / www.metalbulletin.com / Article Link

European prices for mesh-quality wire rod were flat across the Northern and Southern parts of the continent on Wednesday October 24, but there was still a gap between buyers' and sellers' valuations of material.

Fastmarkets' weekly domestic price assessments for mesh-quality wire rod in both Southern and Northern Europe were ?,?535-560 ($613-642) per tonne delivered on Wednesday. Both assessments were unchanged week on week.Sellers expected higher prices to come from higher raw material costs and the disruptions to supply created by the critically low...

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