Raw Material News

Wire Rod Quality From the Steel Mill Affects Drawing Performance More Than Most Factories Track

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Wire Rod Quality From the Steel Mill Affects Drawing Performance More Than Most Factories Track

Wire rod from a steel mill arrives at a wire drawing factory as the starting material for everything that follows, which makes its quality characteristics foundational to drawing performance, die life, and finished wire quality. Yet incoming rod quality inspection at many wire drawing operations is less rigorous than the downstream quality monitoring applied to...

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

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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...