In recent market developments, wire rod prices in the CIS region have witnessed a notable decline, with fluctuations observed across various key players. This update highlights the latest pricing information for several prominent steel manufacturers in the CIS region, shedding light on the current market dynamics.
SteelRadar learned that ArcelorMittal Kryvyi Rih is navigating the market with wire rod prices hovering around $655 FOB Odessa and approximately $650 FOB Izmail/Reni. Byelorussian Steel Works is strategically positioning itself in the international market with wire rod prices of roughly €585 CFR Antwerp. Novostal-M is currently offering wire rod at around $590 FOB Novorossiysk. This pricing approach underscores the company's commitment to remaining competitive in the Black Sea region.
SteelRadar has learned that Moldova Steel Works is adopting a flexible pricing model, quoting wire rod prices ranging between €630 and €640 EXW and approximately €665 CPT Romania.
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