Steel Wire Demand still Flat in Spain

  • Thursday, January 2, 2014
  • Source:

  • Keywords:steel, stainless steel, steel wire, Spain
[Fellow]Spain announced its wire prices to stay flat due t
[Ferro-Alloys.com] Spain announced its wire prices to stay flat due to sluggish demand on the local market around €490-495/ton (US$676-683/ton). Currently, Spain wire and drawing material export prices are about FOB €470/ton (US $ 649/ton) and FOB €485/ton (US$ 669/ton).
 
However, market sources said the current market demand is still weak and most buyers would expect to wait and see if market will be improved in 2014.
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