29
Feb
15:44
Northern European rod market stable, registers downside risk
Northern European wire rod prices remain flat this week and the market is quiet again due to low demand, sources say. Participants do not expect this to change in the coming weeks.
“Activity continues to be very weak and the drawing mills are not restocking so far,” one buyer from the Netherlands tells Kallanish.
Domestic transaction prices for drawing-quality wire rod are at €650/tonne ($704/t) ex-works and mesh-grade wire rod is at €660/t.…
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Anonymous
Very good overview of the weekly steel market.
Anonymous