Domestic
wire rod producers in the US including Arcelor Mittal Long Carbon
North America, Gerdau Ameristeel, and Keystone Steel and
Wire have announced price increases for April shipments of their
wire rod products.
As of April 1, 2007, Arcelor Mittal, Gerdau and Keystone will all increase their
wire rod prices by $40 /nt ($44 /mt or $2.00 cwt.).
The domestic mills' April price increase follows a widespread increase of $30 /nt ($33 /mt or $1.50 cwt.) for March orders.