Gap between wire rod price ideas

Friday, 10 June 2005 14:34:15 (GMT+3)   |  
       

Gap between wire rod price ideas

There is a big gap between the current price ideas of the mills and buyers for mesh making grade wire rods. Traders would like to play it safe and buy on or around the $330-335/ton FOB St level from Turkish or European mills, whereas the mills have other ideas. Offers are still around $350-355/ton FOB St Turkish port.

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