24
Jun
13:25
China's wire rod export prices turn down
China's wire rod export prices have finally begun to show a downward trend after remaining strong for several weeks, Kallanish notes.
On Thursday, 6.5mm diameter mesh-grade wire rod was assessed at $453-455/tonne fob China, down $1/t week-on-week.
A northern Chinese steelmaker has sold a small amount of wire rod to traders at $455/t fob China. This steelmaker also concluded deals to South Korea at the same price, which is slightly higher than the local level …
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Anonymous
Very good overview of the weekly steel market.
Anonymous