Wire rod prices steady as market awaits scrap price settlements

摘要

U.S. wire rod prices are flt as the market awaits scrap settlements in early May, with several market participants set to negotiate pricing and book orders for next month at the upcoming Interwire conference. AMM’s price assessment for industrial-quality wire rod and low-carbon imported rod remained flt compared with two weeks ago at $26.50 to $27 per hundredweight ($530 to $540 per ton) and $440 per ton, respectively