Steel wire rod price November 2024 and outlook (see chart below)
- North America:US$1.3/KG, unchanged
- Northeast Asia:US$0.52/KG, -3.7% down
- Europe:US$0.7/KG, unchanged
- India:US$0.54/KG, -1.8% down
Steel wire rod price index
This post is a summary of the Steel wire rod price developments. The price developments of Steel wire rod are expressed in US$ prices converted FX rates applicable at the time when the price was valid. Steel wire rod price index developments are calculated from multiple separate sources of data to ensure statistical accuracy.
The outlook for Steel wire rod prices is generated from different inputs including:
- Very recent price developments of immediate cost drivers of Steel wire rod prices
- Recent price developments of underlying feedstocks which drive the price of Steel wire rod
- Market futures for both cost drives and feedstocks of Steel wire rod prices
- Adjustment of current supply/demand imbalances in the Steel wire rod market
- Longer term trends in likely demand conditions
Business Analytiq assumes no responsibility or liability for any errors or omissions in the content of this site. The information contained in this site is provided on an “as is” basis with no guarantees of completeness, accuracy, usefulness, or timeliness.
NEED A QUICK DOWNLOAD?
ACCESS TO OUR FULL DATABASE IS US$399/YEAR, WITH A 30-DAY $30 TRIAL
GET THAT DOWNLOAD IN 3 MINUTES!
BusinessAnalytiq provides a database of hundreds of market & price trend data, as well as online tools to set up benchmarks and leading indicators.
