Sentiment in the steel wire rod market in the south of Europe remained quite optimistic over the past week, aided by persistent shortages, good demand and expensive raw materials, Fastmarkets heard on Wednesday June 2.
Fastmarkets' weekly price assessment for steel wire rod (mesh-quality), domestic, delivered Southern Europe, was ?,?820-840 ($1,001-1,025) per tonne on June 2, up from ?,?800-810 per tonne delivered one week earlier.In Italy, firm offers were scarce, with some producers preferring to hold back from the market to...