Wire rod

FCA statistics cited by Wam 's report indicate that rebar and wire rod trade was valued at $299.5m (AED1.1bn) in the first nine months of 2018.

The UAE increased import duties on rebar and wire rod from 5 per cent to 10 per cent, effective January 1, 2019, a media report said.

SteelAsia investing P25 billion for Philippine's first wire rod mills !-- -- Louella Desiderio (The Philippine Star) - October 23, 2018 - 12:00am MANILA, Philippines Steel firm SteelAsia Manufacturing Corp.

The companies--Bekaert Corp., Kiswire America and Tokusen USA--make tire cord, which requires a kind of wire rod that they say is unavailable in the United States, forcing them to import it from foreign steel-producing companies.

Swedish engineering company Sandvik AB stated on Tuesday that it plans to consolidate its business portfolio by divesting its 50% stake in Fagersta Stainless wire rod mill for a purchase price of SEK184m.

Shortly before the US administration is to implement higher tariffs on steel and aluminum exports, it has imposed anti-dumping duties on steel wire rod from several nations, adding to trade war fears.The United States imposed anti-dumping tariffs on imports of carbon and alloy steel wire rod from several European nations, Turkey and South Korea.

Domestic steel producers simply do not have the ability to produce the type of steel wire rod needed to support the $27 billion U.S.

Department of Commerce and International Trade Commission charging that unfairly-traded carbon and alloy steel wire rod imports are causing material injury to the domestic industry.

Electrical grade aluminum wire rod is the most popular segment and accounted for 58% of the market share during 2014.

"Our innovation and continuous improvement will play a major role in creating clean and consistent quality wire rod products," said Saeed G Al Romaithi, Emirates Steel CEO.

Nisco is a big steel maker producing steel plate, hot rolled coil, narrow strip, bars, wire rod, and flat bulb steel with a total capacity of 10 million tons a year.

The company plans to upgrade the continuous wire rod mill as well as to establish a pealing and heat treatment facility, among others.