15
Jun
16:31
China's wire rod export prices rise
The rise in China's steel market stimulated the resumption of export transactions, driving an increase in export prices.
Kallanish assessed 6.5mm diameter mesh-grade wire rod at $540/tonne fob China, up $5/t from last week.
Since late last week, Chinese wire rod exporters have been eager to raise prices. As the steel market continued to strengthen this week, Chinese exporters lifted their offers for wire rod. The export prices for alloy-added wire rod fr…
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Anonymous
Very good overview of the weekly steel market.
Anonymous