Scrap Steel Price Cycles Have Gotten Shorter, and Wire Rod Buyers Are Feeling It More Directly

Scrap Steel Price Cycles Have Gotten Shorter, and Wire Rod Buyers Are Feeling It More Directly

The relationship between scrap steel prices and wire rod costs has always been real and significant, since scrap is the primary feedstock for the electric arc furnace steelmaking process that produces most wire rod. What’s changed is the frequency and amplitude of the price cycles that buyers of wire rod need to navigate, with shorter…

Wire Drawing Lubricant Management Is Costing Factories More Than They Think

Wire Drawing Lubricant Management Is Costing Factories More Than They Think

Lubricant in wet wire drawing operations performs the critical function of reducing friction at the wire-die interface, carrying heat away from the die zone, and contributing to the surface quality of the drawn wire. Despite this importance, lubricant system management at many wire drawing operations receives less systematic attention than the drawing process itself, and…