16
Sep
14:03
China's wire rod export prices increase on restrictions
The Chinese wire rod export market has moved higher this week, and production restrictions caused offers to firm on Thursday.
On Thursday, Kallanish assessed 6.5mm diameter mesh-grade wire rod at $835/tonne fob China, up by $5/t from a week earlier.
At the beginning of the week, market demand was flat and price increases slowed down. Some wire rod export offers were cut. However, the impact of production restrictions has gradually strengthened, leading …
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Anonymous
Very good overview of the weekly steel market.
Anonymous