It's reported that Nucor-LMP Steel, a cold-finished bar and wire producer announced to hike wire prices by US$30/short ton, effective from January 2nd shipments.
Nucor-LMP stated that the price rise was boosted by the rise on wire rod cost which has been announced for December.
Besides, Keystone Steel & Wire also announced to increase its prices for industrial wire products by US$30/short ton, effective from December 16th shipments.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=67598&division=A4
