wiredinUSA July

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In tandem with scrap tags, wire rod prices appear to be trending downward as a weaker domestic market and global economic uncertainty persist. Nucor’s rod price decrease was the same as that announced for concrete reinforcing bar, merchant bar and structural products. Fort Wayne, Steel Dynamics Inc’s Roanoke bar division, also announced a $30 per ton drop on all products, with immediate effect. Market sources have revealed other domestic rod mills either notifying customers individually of price changes, or still in the process of reacting to the recent tumble in scrap tags. US wire rod prices drop

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wiredInUSA - July 2012

wiredInUSA - July 2012

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