Monitor Wire Rod Current Prices and Forecast

Wire Rod Prices Worldwide

Monthly prices covering 5 locations: United States, China, Middle East, Southeast Asia and Europe

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Data

Integration

This chart shows CS, 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, MDE (Middle East): CS, Wire Rod, export transaction price, fob, Turkey
  • Wire Rod (hpb235), CN (China): CS, Wire Rod (hpb235), spot price, i-w, China
  • Wire Rod, SEA (Southeast Asia): CS, Wire Rod, export transaction price, fob, Indonesia

The chart above is a sample of Intratec Primary Commodity Prices. Subscribe and access now current prices of 225 commodities, including CS, Wire Rod.

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:

  • Online charts
  • Directly into Excel (using Intratec Add-in)
  • Power BI dashboards
  • Web API (to facilitate integration with existing workflows)

Intratec Primary Commodity Prices

Track global current prices of 225 commodities including Wire Rod

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Price History & Forecasts
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  • Plans Starting at $299 USD /year

Wire Rod Price Outlook

Carbon Steel Price Outlook. The price of Wire Rod (United States) decreased during May 2020 to 727 USD per metric ton, which represents a decline of 4% compared to the previous month’s value. On a year-over-year basis, the prices of Wire Rod (United States) decreased significantly by 12%. Meanwhile, the average price of Wire Rod (China) amounted to 512 USD per metric ton, from 598 USD per metric ton one year earlier. On a month-over-month basis, the price of Wire Rod (China) is 3% higher than the price one month before.

The price of Wire Rod (Southeast Asia) declined considerably throughout May 2020, reaching 428 USD per metric ton.  The price is 14% lower than the average price in the previous month and 28% lower than the average price one year before. In contrast, the prices of Wire Rod (Middle East) decreased during May 2020, reaching 429 USD per metric ton, which means a decline of 5% 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 modest decline of 8 USD per metric ton from the prior month's price, to 529 USD per metric ton. Such price movement meant a decrease of 1% on a monthly basis and a decrease of 15% on a yearly basis.

About 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.

Frequently Asked Questions

Monthly price assessments, short-term forecasts, and historical data are available for regions such as United States, Europe, Middle East, China and Southeast Asia.

Data is updated monthly, on the 3rd business day of each month.

Data is delivered through online interactive charts, Excel Add-in, Power BI dashboards, and API.