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Wire Rod
Wire Rod Prices | Current and Forecast
Wire Rod
CS, Wire Rod
Wire Rod

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.

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Prices

Wire Rod Prices | Current and Forecast

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Monitor monthly Wire Rod price assessments covering 5 locations: United States, Europe, Southeast Asia, China and Middle East. Also check Wire Rod price history since 2007 and forecasts.

The chart below is a sample of Intratec Primary Commodity Prices. Subscribe and access now current prices of 224 commodities, including Wire Rod.

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CS, Wire Rod

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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 224 commodities worldwide. To better understand data provided by Intratec Primary Commodity Prices, check the following documents: Price Assessment Basis , Commodities Specifications , Methodology , User Guide , and Glossary .

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Carbon Steel Price Outlook. The price of Wire Rod (United States) decreased during April 2019 to 744 USD per metric ton, which represents a slight decline of 0.7% compared to the previous month’s value. On a year-over-year basis, the prices of Wire Rod (United States) decreased modestly by 4%. Meanwhile, the average price of Wire Rod (China) amounted to 631 USD per metric ton, from 689 USD per metric ton one year earlier. On a month-over-month basis, the price of Wire Rod (China) is 7% higher than the price one month before.

The price of Wire Rod (Southeast Asia) declined slightly throughout April 2019, reaching 560 USD per metric ton.  The price is 3% lower than the average price in the previous month and 14% lower than the average price one year before. In contrast, the prices of Wire Rod (Middle East) increased modestly during April 2019, reaching 500 USD per metric ton, which means a rise of 1% from the previous month’s price and a decline of 17% from the previous year’s price. 

The prices of Wire Rod (Europe) experienced a decline of 29 USD per metric ton from the prior month's price, to 636 USD per metric ton. Such price movement meant a decrease of 4% on a monthly basis and a decrease of 11% 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.

Intratec Methodology. Intratec Primary Commodity Prices are produced from a data-driven, mathematical approach, which starts with the extraction of data from various primary sources, including official trade records, statistics bureaus, governmental and international agencies. Such large volume of data is validated through advanced data processing techniques, and treated by means of statistical analysis for outliers removal. When faced with input gaps, data scientists and engineers employ mathematical models or machine learning techniques to estimate prices and ensure the completeness of the price assessments presented. (learn more ).

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