SteelOrbis has been informed by market sources that ex-CIS offers for mesh quality wire rod have remained unchanged since last week and are still standing at $580-585/mt FOB Black Sea for November production. Market sources state that some Russian and Moldovian suppliers are providing offers to their regular customers below this price range.
Meanwhile, offers from the CIS to Turkey have also remained unchanged at $585-590/mt CIF, while wire rod transactions from the CIS to Turkey’s Marmara region have continued to be concluded at $580/mt CIF.
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.