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US steel wire rod prices hit a record high in 2008!

Low carbon wire rod prices in the US increased by $30 per short ton in August, reaching a record high set in 2008, while imports fell from a record low.

US steel wire rod prices hit a record high in 2008!

Foreign sources monthly assessment for steel wire rod (low carbon) industrial grade, fob mill USA, $56-59 per hundred weight (1,120-per short ton) on Tuesday, August 17, up 2.68% from $55-57 per cwt on July 20. $1,180).

It rose from $53-55 per cwt to 6.48% on June 15. The midpoint of the range is set at $57.50 per cwt on July 24, 2008, an all-time high.

Foreign sources' assessment for steel wire rod (low carbon) imports, truck loaded for immediate delivery Port of Houston was at $1,100-1,200 per tonne ($55-60 per cwt) on Tuesday and was at an all-time high of $1,120- It expanded down from $1,200 and is up 2.65%. $1,080-1,180/ton on June 15. Market overview was interpreted as Wire rod supply continued.

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