SteelOrbis has been informed that CIS mills are still offering 6-7 mm mesh quality wire rod to the export market at $565-570/mt FOB Black Sea, with offers remaining stable since last week. Meanwhile, ex-CIS wire rod offers to Europe are still at $600-610/mt DAP.
Market players indicate that most CIS mills have filled their order books on the export side for February production materials, while demand for CIS wire rod in Europe and North Africa is decent and so prices are not expected to soften for now.
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.