24
Feb
13:47
China's wire rod exports remain in turmoil
The Russia-Ukraine war has prompted market investors to avoid risk, with the Chinese steel market reporting a drop. During the week, Chinese wire rod export demand has been flat, leaving prices stuck.
On Thursday, Kallanish assessed 6.5mm diameter mesh-grade wire rod at $770/tonne fob China, unchanged on-week.
No new offers were reported this week, with Northeast China mills' wire rod export prices remaining at the previous $770/t fob China. Transactions…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous