18
Nov
14:15
China's rod export prices plummet
China's wire rod export prices bottomed out again this week, returning to the price level of seven months ago, due to the addition of new suppliers.
On Thursday, Kallanish assessed 6.5mm diameter mesh-grade wire rod at $750/tonne fob China, down $70/t from a week earlier.
With the sharp drop in raw material prices and the continuation of sluggish demand, China's wire rod prices have been on a downward trend. This week, a long products supplier in the nort…
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Anonymous
Very good overview of the weekly steel market.
Anonymous