The price level of mesh quality wire rod in the Spanish domestic market is at around €700/mt ($1,092/mt) delivered to warehouse for 30-day deferred payment, excluding VAT.
The latest sales in the local Spanish market were concluded at the price level of €670-680/mt ($1,045-1,061/mt) before this week. Following the sales in question, the producers in this market have this week increased their price levels.