Southern Europe's domestic prices for steel wire rod slid further, pressured by weak demand, although the downward trend is expected to stop due to increased production costs, Fastmarkets heard on Wednesday October 6.
Fastmarkets' weekly price assessment for steel wire rod (mesh quality) domestic, delivered southern Europe was at ?,?750-780 ($867-902) per tonne on Wednesday, down by ?,?10-20 per tonne from ?,?760-800 per tonne on September 29.The trading activity in the region remained limited over the past...