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25 Jul
15:20

China's wire rod export prices inch lower

China's wire rod exports experienced a slight decline this week amid ample inventories among overseas buyers and the weak domestic market. Kallanish assesses 6.5mm diameter mesh-grade wire rod at $510/tonne fob China, down $5/t from a week earlier. This week, alloy-added wire rod offers from major steel mills in northeast China fell to $510-520/t fob China, though no transactions have been reported yet. In eastern China, long steel mills have slightly higher …
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