NORTHERN EUROPE WIRE ROD: Prices stable on bullish sentiment

The steel wire rod market in Northern Europe has been largely flat over the past seven days, although sentiment was quite positive amid a materials shortage and good buying appetite, Fastmarkets heard on Wednesday March 10.

Fastmarkets' weekly price assessment for steel wire rod (mesh-quality), domestic, delivered Northern Europe, was ?,?660-690 ($784-820) per tonne on Wednesday, stable week on week.
The assessment was based on deals and achievable prices reported by market participants over the past seven days.
End-user demand in the region remained quite strong, supporting prices at the current high level, sources said.

"Consumption is there [and] business...

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