wire rod
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- Tata Steel is increasing transaction prices for April deliveries in the UK of wire rod produced at its Scunthorpe Rod Mill by a minimum of Ł125, with some grades increasing by as much as Ł150 per tonne.
- CIS wire rod mills have held export prices steady for the fourth consecutive weeks to entice nervous buyers back to the market.
- European wire rod mills have kept their domestic prices unchanged for the second consecutive week despite sparse sales, market sources said.
- Canadian and Mexican wire rod mills are following a lead move set by domestic players and increasing their selling prices.
- Turkish wire rod producers have boosted export prices by as much as 30 per tonne on tight supply and an improvement in demand.
- (CSC)'s electric furnace (EF) Al-killed wire rod have soared sharply to reach NT$27500/ton in Taiwan's domestic market, up by NT$500/ton in comparison of that in its previous week.
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