Wire rod hikes take hold; imports stir concerns

Dec 20, 2013 | 03:15 PM | Samuel Frizell

Tags  wire rod, steel, price increases, wire rod producers, scrap costs, Samuel Frizell

NEW YORK — Wire rod price increases are beginning to gain traction, with more hikes potentially on the way as mills anticipate a further rise in scrap costs.

"The mills are seriously concerned about costs going up. If you don’t raise prices, you’re ruined," one mill source said, adding that he expects wire rod price increases next month as well.....

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