01
Dec
14:47
ASEAN wire rod import market rises
The Southeast Asian wire rod import market improved over the past week, Kallanish notes. This is in tandem with improved market sentiment in China and the US.
Small-tonnage orders for Indonesian-origin 6.5mm diameter wire rod were heard concluded at around $550/t cfr Manila this week. Chinese and ASEAN wire rod offers were at $550-555/tonne cfr Manila. A trader says that he heard offers still at $550/t cfr on 30 November. Kallanish assessed SAE 1008 6.5mm di…
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Anonymous
Very good overview of the weekly steel market.
Anonymous