SteelOrbis has been informed that ex-CIS mesh quality wire rod offers to Romania are standing at €410-420/mt ($503-515/mt) DAF Romania (delivered at frontier) for July delivery. Meanwhile, in the Romanian market, domestic production mesh quality wire rod prices are standing at the range of €450-460/mt ($552-564/mt) for delivery to customer. Demand is currently following a weak trend in the local Romanian market. Prices are expected to gain greater clarity next week following the loss of strength of the RON against the dollar and euro as of today.
€1 = US$1.227