15
Sep
14:11
Posco suspension spurs China's wire rod exports
China's wire rod export market sees trading pick up this week, following the shutdown of some plants at South Korea's Posco. Prices, however, continue to move lower.
On Thursday, Kallanish assessed 6.5mm diameter mesh-grade wire rod at $575-580/tonne fob China, down $10/t week-on-week.
China's domestic steel market is heading lower after the return from the Mid-Autumn Festival holiday, with demand lagging as typhoons continue to hit spot market a…
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Anonymous
Very good overview of the weekly steel market.
Anonymous