North America Steel Wire Rod Prices Movement Q4:

Steel Wire Rod Prices in United States:

In Q4 2024, U.S. steel wire rod prices declined to 1,120 USD/MT in December, driven by weak demand, excess supply, and increasing imports. Slow recovery in industrial and construction sectors hindered demand growth, while rising imports elevated domestic inventory levels, adding to market instability.

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Note: The analysis can be tailored to align with the customer's specific needs.

APAC Steel Wire Rod Prices Movement Q4:

Steel Wire Rod Prices in China:

In Q4 2024, China's steel wire rod prices fell to 530 USD/MT in December, driven by weak demand, seasonal slowdowns, and declining exports. Reduced manufacturing orders weighed on market sentiment, while rising input costs and supply chain disruptions intensified economic uncertainties.

Regional Analysis:  The price analysis can be extended to provide detailed Steel Wire Rod price information for the following list of countries.

China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries.

Europe Steel Wire Rod Prices Movement Q4:

Steel Wire Rod Prices in Germany:

In Q4 2024, steel wire rod prices in Germany fluctuated, settling at 650 USD/MT in December. Weak construction demand and high borrowing rates limited consumption, while an influx of cheaper steel imports worsened oversupply. Structural imbalances and regulatory shifts remain key challenges for market stability.

Regional Analysis:  The price analysis can be expanded to include detailed Steel Wire Rod price data for a wide range of European countries, such as Germany, France, the United Kingdom, Italy, Spain, Russia, Turkey, the Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, the Czech Republic, Portugal, and Greece, along with other European nations.

Factors Affecting Steel Wire Rod Supply and Prices

Steel wire rod supply and pricing are influenced by raw material and energy costs, production capacity, and demand from construction and automotive industries. Global trade policies, supply chain disruptions, geopolitical events, and seasonal fluctuations also impact availability, pricing trends, and overall market stability.

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Key Coverage:

• Market Analysis
• Market Breakup by Region
• Demand Supply Analysis by Type
• Demand Supply Analysis by Application
• Demand Supply Analysis of Raw Materials
• Price Analysis
  • Spot Prices by Major Ports
  • Price Breakup
  • Price Trends by Region
  • Factors influencing the Price Trends
• Market Drivers, Restraints, and Opportunities
• Competitive Landscape
• Recent Developments
• Global Event Analysis

How IMARC Pricing Database Can Help

The latest IMARC Group study, “Steel Wire Rod Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2025 Edition,” presents a detailed analysis of Steel Wire Rod price trend, offering key insights into global Steel Wire Rod market dynamics. This report includes comprehensive price charts, which trace historical data and highlights major shifts in the market.

The analysis delves into the factors driving these trends, including raw material costs, production fluctuations, and geopolitical influences. Moreover, the report examines Steel Wire Rod demand, illustrating how consumer behaviour and industrial needs affect overall market dynamics. By exploring the intricate relationship between supply and demand, the prices report uncovers critical factors influencing current and future prices.

About Us:

IMARC Group is a global management consulting firm that provides a comprehensive suite of services to support market entry and expansion efforts. The company offers detailed market assessments, feasibility studies, regulatory approvals and licensing support, and pricing analysis, including spot pricing and regional price trends. Its expertise spans demand-supply analysis alongside regional insights covering Asia-Pacific, Europe, North America, Latin America, and the Middle East and Africa. IMARC also specializes in competitive landscape evaluations, profiling key market players, and conducting research into market drivers, restraints, and opportunities. IMARC’s data-driven approach helps businesses navigate complex markets with precision and confidence.

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