Sept. wire rod prices return to July levels

Aug 30, 2013 | 03:38 PM | Samuel Frizell

Tags  steel wire rod, import competition, wire rod prices, rod buyers, steel mills, Samuel Frizell

NEW YORK — Wire rod prices for September have settled at July levels after a brief rise in August failed to take hold in the face of import competition and flat demand, market participants said.

"Prices are at July levels. Everyone’s kind of holding. No one has to make a move, so there are no big changes. I don’t think everyone followed Keystone (Steel & Wire Corp. on its August hike) that much," a high-volume rod buyer in the Midwest said.....





Latest Pricing Trends

Poll

Is severe weather affecting your business?

Yes
No


View previous results