Steel mesh-quality wire rod prices in the north of Europe remained largely unchanged in the week to Wednesday November 4, with sentiment still optimistic despite concerns over the second wave of Covid-19 infections, sources told Fastmarkets.
Fastmarkets' weekly price assessment for steel wire rod (mesh-quality), domestic, delivered Northern Europe was unchanged at ?,?485-495 ($567-579) per tonne on November 4."There is a shortage in the wire rod market and Germany's Badische Stahlwerke will be stopping for maintenance in December-January so that will add to the picture," a trader...