SteelOrbis has learned from market sources that price levels in the Spanish domestic wire rod market are standing at €485-490/mt ($645-652/mt) delivered to customer.
In the meantime, Spanish export offers for mesh quality and drawing quailty wire rod have remained unchanged since last week and are still standing at €470/mt ($625/mt) FOB and €485/mt ($645/mt) FOB respectively. Market players state that demand for Spanish wire rod has remained weak.
€1 = $1.33