SteelOrbis has been informed that CIS mills' mesh quality wire rod export offers have shown no changes as compared to last week and remain at $565-570/mt FOB Black Sea, though CIS mills occasionally offer wire rod at $560/mt FOB depending on order sizes and buyers. Meanwhile, ex-CIS wire rod offers to Europe, where demand is at medium levels, are at $600/mt DAP, whereas demand for CIS wire rod in the North Africa has remained weak.
Market players indicate that a CIS mill will carry out overhaul work in the coming days on part of its wire rod production line, with production likely to contract during the overhaul.
Weekly price movements of different steel products in major markets can be viewed comparatively in the SteelOrbis Historical Steel Prices section. Market trends can thus be seen more clearly, while desired charts can be created and used in reports or presentations.