08
Jul
14:16
China's rod export prices stabilise despite speculation
The Chinese wire rod export market has remained stable although there is a lack of transactions.
Chinese wire rod suppliers are not relying on export volumes as their product is uncompetitive, with the price gap between Chinese and overseas wire rod prices exceeding $50/tonne. Especially for low-carbon wire rod, overseas buyers can find alternatives from neighbouring countries, Kallanish notes.
Most Chinese exporters have kept their prices at $810/t fob Chin…
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Anonymous
Very good overview of the weekly steel market.
Anonymous