25
Feb
10:29
China's wire rod export prices jump
China's wire rod export prices have increased significantly this week, stimulated by delayed strong expectations. Transactions however have been few.
Although most traders ended their holiday last week, Chinese steel mills did not update their export prices immediately. This week, Chinese mills have substantially increased their offer prices, stimulated by soaring futures. Export prices of alloy wire rod from mainstream Chinese mills are at $690-695/tonne fob …
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Anonymous
Very good overview of the weekly steel market.
Anonymous