30
Sep
12:13
China's wire rod export prices see decline
The Chinese wire rod export market has continued to deteriorate before the national holiday, with fewer offers available because traders have stayed away, Kallanish notes.
Compared with last week, major Chinese steel mills offered at $5/tonne lower for alloy-added wire rod this week. Most offers fell from $515/t fob China to $510/t fob China. At the same time, Chinese steel mills can offer further discounts for firm bidders. A small number of deals …
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Anonymous
Very good overview of the weekly steel market.
Anonymous