Wire rod pricing report U.S. market
Domestic Mills:Low carbon wire rod: $26.50 to $27.50 per 100 lbs fob mill ($584 - $606/mt) High carbon wire rod: $29.00 to $31.00 per 100 lbs fob mill ($633 - $661/mt)Prices could fluctuate on a regional basis. The Northeast and the Midwest is especially strong for domestic mills because of the absence of Ivaco where a lockout continues. The lockout at Gerdau Ameristeel, Beaumont, Texas has been going on for well over four months now. For the first time, an impact on the market, however slight it may be, can be perceived,. Imports:
Low carbon mesh grades: $430 to $445 per mt CFR free out Gulf port Low carbon drawing quality: $450 to $480 per mt CFR free out Gulf portSouth American sources for drawing quality still have an "extra" and run around $500 CFR free out High Carbon ranges from $510 to $550 per mt cfr free out depending on the grade Because of the temporary supply problem out of Ivaco, high carbon prices could go up a bit in the short run, especially in the Northeastern market of the US.