The price of mesh-quality wire rod in Southern Europe continued to narrow upwards week on week on Wednesday July 24, with Italian mills looking to raise their offer prices ahead of the summer slowdown, sources told Fastmarkets.
Fastmarkets' weekly price assessment for steel wire rod (mesh-quality), domestic, delivered Southern Europe, was ?,?480-500 ($536-559) per tonne on Wednesday, narrowing up from ?,?475-500 per tonne on July 17.Market participants said a price...