Domestic mesh-quality steel wire rod market in Northern Europe was quiet and largely stable over the past week, sources told Fastmarkets on Wednesday February 24.
Buyers adopted a 'wait-and-see' stance and were only buying hand to mouth due to expectations that producers would lower their prices after European scrap prices decrease in February, sources said."There will be stability in March, which has affected sentiment. In a week or so, however, the market...