The Steel Wire Rod market is a subset of the Iron and Steel industry. It is a type of steel product that is produced in long lengths and in diameters between 5.5 and 42 millimeters. Steel wire rods are used in a variety of applications, including the production of wire, fasteners, and springs. They are also used in the automotive, construction, and energy industries. Steel wire rods are produced through a process of hot rolling and drawing. The hot rolling process involves heating the steel to temperatures of up to 1,200 degrees Celsius, followed by rolling it through a series of rollers to reduce its thickness. The drawing process involves further reducing the diameter of the steel wire rod. Some of the major companies in the Steel Wire Rod market include ArcelorMittal, Nippon Steel Corporation, POSCO, JFE Steel Corporation, and Tata Steel. Show Less Read more
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