17
Feb
13:53
China's wire export prices increase despite fluctuations
Chinese wire rod export prices extended last week's strong gains, but the government's crackdown on iron ore has also unsettled steel prices.
On Thursday, Kallanish assessed 6.5mm diameter mesh-grade wire rod at $770/tonne fob China, up by $10/t on-week.
Local and overseas demand continued to pick up last week, with some high-grade Chinese wire rods being sold to South Korea and South America. But export sales of low carbon wire rod have been relatively s…
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Anonymous
Very good overview of the weekly steel market.
Anonymous