Steel Wire Rod Prices, Trend, Chart, News, Index and Forecast
Beckett Taylor14 Feb, 2025Business
In Q4 2024, U.S. steel wire rod prices fell to 1,120 USD/MT in December due to weak demand, oversupply, and rising imports. The slow recovery in industrial and construction sectors further limited growth, while excess inventory pressured prices. Addressing structural imbalances remains essential for market stability amid ongoing fluctuations.
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