December 02, 2008

North American wire rod price continues to climb

US domestic wire rod market price is slated to rise in August. The main reasons are raw material cost continuing to increase and global wire rod market prices remaining at a high price level.

US wire rod producers have added USD 66 per tonne for August shipments. Current low carbon wire rod prevailing prices are USD 1,235 to USD 1,257 per tonne and USD 1,290 to USD 1,312 per tonne for high carbon wire rod.

(Sourced from YIEH.com)