09
Dec
14:00
China's rod export prices sustain on domestic support
China's wire rod export prices were flat this week, with the increase in local steel prices supporting the firmness of export prices.
On Thursday, Kallanish assessed 6.5mm diameter mesh-grade wire rod at $740/tonne fob China, unchanged week-on-week.
Northern China steel mills continue to actively liaise with overseas buyers and are trying to maintain Chinese wire rod activity in the export market. Due to the continuous decline in steel prices, some steel…
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Anonymous
Very good overview of the weekly steel market.
Anonymous