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23 Sep
14:53

China's wire rod exports remain stable after holiday

The Chinese wire rod export market remains calm after the recent holiday. Steel prices in the domestic market have soared but the export market has hardly changed. On Thursday, Kallanish assessed 6.5mm diameter mesh-grade wire rod at $835/tonne fob China, remaining stable from a week earlier. Eastern Chinese steel mills provided some high-quality wire rod to Korean buyers at a price of $880-900/t fob China. The price for ordinary low-carbon wire rod is about…
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