Steel wire rod prices flat amid weak demand
Oct 28, 2013 | 08:47 AM
| Samuel Frizell
NEW YORK Steel wire rod prices are unchanged heading into November as weak demand and competition from imports leaves little room for an increase, mill sources and buyers told AMM.
Mesh-quality wire rod remains around $630 per ton ($31.50 per hundredweight), industrial-quality rod is about $640 per ton ($32 per cwt), high-carbon rod is around $680 per ton ($34 per cwt) and cold-heading-quality rod is about $770 per ton ($38.50 per cwt).
"Prices are moving sideways," a mill source said. "Volume is really a huge issue with so much import material."....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.