04
Apr
14:42
China wire rod exports stall during holidays
China's wire rod export market came to a standstill this week due to the Tomb Sweeping Day holiday.
Kallanish assesses 6.5mm diameter mesh-grade wire rod at $530/tonne fob China, unchanged from the week before.
China's domestic demand was boosted early last week by pre-holiday replenishment buying, which slightly supported the price rebound until Wednesday. However, the export market was more subdued, with trading activity constrained as sellers ente…
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Anonymous
Very good overview of the weekly steel market.
Anonymous