02
Jun
11:38
Chinese wire rod export prices shrink
China's wire export prices have stumbled further due to market pessimism and sluggish overseas demand.
On Thursday, Kallanish assessed 6.5mm diameter mesh-grade wire rod at $750/tonne fob China, down $20/t on-week.
A major mill exporter in northeastern China has lowered its offer price to $755/t fob China, down $20/t from last week. Both domestic and overseas demand are currently suppressed, and it is difficult for Chinese wire rod to gain export tractio…
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Anonymous
Very good overview of the weekly steel market.
Anonymous