Wire Rod Prices | Current and Forecast
Monitor Wire Rod Prices Worldwide
Plans Starting at $299 USD /year
Monitor monthly Wire Rod price assessments covering 5 locations: United States, Europe, Southeast Asia, China and Middle East. Also check Wire Rod 10-year price history and forecasts.
The chart below is a sample of Intratec Primary Commodity Prices. Subscribe and access now current prices of 225 commodities, including Wire Rod.
Data Legend. The chart above shows Wire Rod price assessments in USA Dollar per metric ton (USD/mt) in 5 locations, as follows:
- Wire Rod, US (United States): CS, Wire Rod, import transaction price, cif, United States
- Wire Rod, EUR (Europe): CS, Wire Rod, export transaction price, fob, Germany
- Wire Rod, SEA (Southeast Asia): CS, Wire Rod, export transaction price, fob, Indonesia
- Wire Rod (hpb235), CN (China): CS, Wire Rod (hpb235), spot price, i-w, China
- Wire Rod, MDE (Middle East): CS, Wire Rod, export transaction price, fob, Turkey
Data Use. Wire Rod prices are provided as an annual subscription where subscribers have access to reliable pricing data of 225 commodities worldwide. Intratec's methodology employs a structured big data strategy that utilizes advanced technologies to extract publicly available data from primary sources such as governmental trade records, statistics bureaus, and international agencies. This data is then processed through mathematical models to generate reliable assessments, published at the very beginning of each month. To better understand the data provided check Intratec Primary Commodity Prices Methodology .
Data Delivery Methods. Wire Rod price assessments are available via different delivery methods: (i) online charts; (ii) directly into Excel (using Intratec Add-in); (iii) in Power BI dashboards or (iv) a web API (to facilitate integration with existing workflows).
Intratec Primary Commodity Prices
Track global current prices of 225 commodities including Wire Rod
Current Monthly Prices
Price History & Forecasts
Prices in Multiple Countries / World Regions
Prices Directly In Excel
Plans Starting at $299 USD /year
Carbon Steel Price Outlook. The price of Wire Rod (United States) decreased during March 2020 to 694 USD per metric ton, which represents a decline of 6% compared to the previous month’s value. On a year-over-year basis, the prices of Wire Rod (United States) decreased significantly by 7%. Meanwhile, the average price of Wire Rod (China) amounted to 507 USD per metric ton, from 591 USD per metric ton one year earlier. On a month-over-month basis, the price of Wire Rod (China) is 3% lower than the price one month before.
The price of Wire Rod (Southeast Asia) rose throughout March 2020, reaching 539 USD per metric ton. The price is 6% higher than the average price in the previous month and 7% lower than the average price one year before. In contrast, the prices of Wire Rod (Middle East) decreased modestly during March 2020, reaching 454 USD per metric ton, which means a decline of 0.2% from the previous month’s price and a decline of 8% from the previous year’s price.
The prices of Wire Rod (Europe) experienced a modest rise of 10 USD per metric ton from the prior month's price, to 556 USD per metric ton. Such price movement meant a rise of 2% on a monthly basis and a decrease of 16% on a yearly basis.
About Wire Rod. Wire Rod is an iron or steel semifinished product rolled from a billet on a rod mill. Although it may be produced in several shapes, such as square, hexagonal, triangular, and flat, the most part has a round cross-section with diameters of 5.6 to 18.7 mm. It differs from bars in that it is formed into coils of about 760 mm in diameter and up to 2000 kg in weight.
Wire Rod Handling. If on board the vessel, wire rod may be stored in lower holds or tweendecks. It is necessary to use compact and rigid bundles, and that the wire rods are organized in such a way as to avoid breaking the stowage and causing damage due to crushing, disintegration of the bundles, bends, twists, etc. Also, it is necessary to avoid saltwater humidity, so it requires particular humidity and ventilated conditions.
Wire Rod Uses. The uses and applications of Wire Rod may vary according to its specification. The main forms of Wire Rod are rolled; cleaned; coated; and heat treated.
