Domestic prices for mesh-quality wire rod produced and delivered in Southern Europe have risen by ?,?5-10 per tonne over the past week amid supply concerns ahead of an expected preliminary decision in an EU import safeguard case, sources said on Wednesday July 4.
Metal Bulletin's weekly domestic price assessment for mesh-quality wire rod in Southern Europe was ?,?530-540 ($617-629) per tonne delivered on Wednesday, up from ?,?520-535 per tonne delivered on June 27."The mesh producers who couldn't pay a penny more than ?,?520 per tonne a few weeks ago...