The Cable Directory has a story on the present cost of domestic steel wire rod:

US domestic steel wire prices have stabilized at price levels not seen since the mid 1990th. No wire or wire rod is presently imported at these prices. There is no established floor price in the market as rod inventories are being cleared and most users are shutting down their plants until well after New Year.

It remains to be seen if and how this will have an immediate impact on the price of baling wire in the new year.

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