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28 Dec
16:56

China wire rod exports fall during holidays

China's wire rod export market was quiet during the overseas holiday week, with few buyers taking the initiative to send inquiries. Kallanish assesses 6.5mm diameter mesh-grade wire rod at $565/tonne fob China, down $10/t from the week before. Alloy-added wire rod prices from major steel mills in northern China fell to $565-570/t fob China in the last week of 2023, seeing an average decrease of $7.5/t compared on-week. Some traders are considering whethe…
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