Wire Rod Market's 'In the Trough'

December 2008
Metal Center News;Dec2008, Vol. 48 Issue 13, p44
Trade Publication
The article reports on how the wire rod market fared in the U.S. Demand for wire rod has shifted dramatically from a solid peak to a dismal downturn. Due to an increase in imports of wire-containing finished goods, the domestic wire rod market has been cut in half. As both domestic production and apparent consumption of wire rod started to decline, it is difficult to predict how the market will finish 2008.


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