23
Dec
13:12
China's wire rod export prices keep stable
Chinese wire rod export prices still stand at the same levels of last week, despite weak demand in the domestic steel market.
On Thursday, Kallanish assessed 6.5mm diameter mesh-grade wire rod at $740/tonne fob China, unchanged week-on-week.
Chinese wire rod exports previously attracted the attention of buyers due to the sharp price cuts seen a few weeks ago. However, rod prices in neighbouring countries have also since declined, making it difficult to reach…
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Anonymous
Very good overview of the weekly steel market.
Anonymous