EUROPE WIRE ROD: Prices widen downwards on reduced demand

By Viral Shah / May 02, 2018 / www.metalbulletin.com / Article Link

Domestic prices for mesh-quality wire rod produced and delivered in both Northern and Southern Europe have widened downward week on week because of reduced demand, sources said on Wednesday May 2.

Public holidays in several European countries this week have contributed to a drop in market activity.Southern European domestic prices for mesh-quality wire rod fell ?,?5 per tonne at the lower end of the range over the week to ?,?525-550 ($632-662) per tonne delivered on May 2 from ?,?530-550...

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