16
Mar
13:51
China's wire rod export prices inch higher
Export prices of Chinese wire rod continued to rise this week, even though export transactions were sluggish.
Kallanish assessed 6.5mm diameter mesh-grade wire rod at $655/tonne fob China, up $5/t from a week before.
The recovery of China's domestic steel market and the rise in steel prices have supported export values. Alloy-added wire rod export quotes from northern Chinese mills are at $655-660/t fob China, an increase of $5-10/t from last week. Anoth…
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Anonymous
Very good overview of the weekly steel market.
Anonymous