EUROPE WIRE ROD: Year-end, quota take-up keep prices flat

January 03, 2019 / www.metalbulletin.com / Article Link

Prices for mesh-quality wire rod were unchanged across Europe on Wednesday January 2, with market activity subdued by the year-end and the possible expiration of the European Commission's import quota scheme.

Fastmarkets' weekly domestic price assessments for mesh-quality wire rod in both Southern Europe and Northern Europe stayed at ?,?540-560 ($619-642) per tonne delivered on Wednesday.The EC's import safeguard quota for wire rod - tariff codes: 7213 00 00 00, 7227 00 00 00 - has been taken up by more than 99%, with...

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