EUROPE WIRE ROD: Uncertainty keeps market quiet despite EU import quota proposal

January 10, 2019 / www.metalbulletin.com / Article Link

European prices for mesh-quality wire rod stayed flat across the continent on Wednesday January 9, with continuing doubts over imports even after the European Commission issued a proposal for its 2019 quotas late last week.

Fastmarkets MB's weekly domestic price assessments for mesh-quality wire rod in both Southern and Northern Europe stayed at ?,?540-560 ($618-641) per tonne delivered on Wednesday.The EC's safeguarding import quota for wire rod has been filled and the proposed...

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