Steel wire rod producers in the south of Europe increased their prices sharply in the week to Wednesday December 2, amid a shortage of material and increasing rolling costs, sources have told Fastmarkets.
Fastmarkets' weekly price assessment for steel wire rod (mesh-quality), domestic, delivered Southern Europe, was ?,?510-520 ($612-624) per tonne on Wednesday, up by ?,?20-25 per tonne from ?,?490-495 per tonne a week before.Italian producers increased wire rod prices for the domestic market this week, as was expected, citing tight...