Russian wire rod prices fall amid downtrend, low demand

Russian wire rod export prices dropped significantly in the week to Monday, July 17, amid a wider downtrend in long steel prices and due to a lack of demand in the country's key buying markets.

In Turkey, which is a traditional competitor to Russian suppliers, wire rod export offers fell to $610-620 per tonne FOB last week, down from $640-660 per tonne a week earlier,...


Vlada Novokreshchenova

July 17, 2023

16:06 GMT