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30 Jul
10:27

Lower Chinese wire rod export prices spur deals

China's wire rod export prices have fallen slightly this week, thereby securing a handful of transactions, Kallanish notes. On Thursday, 6.5mm diameter mesh-grade wire rod was assessed at $460-465/tonne fob China, down by $2.5/t week-on-week. An alloy-added wire rod mill in northern China supplied small amounts of wire rod to both South Korea and Pakistan this week. The prices of these transactions were all at between $460-465/t fob China. As the Ch…
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