28
Jul
11:26
China's wire rod export prices drop in silence
Weakness in China's export market for long products dragged down Chinese export offers, even as the domestic market rebounded on the strength of raw materials costs.
On Thursday, Kallanish assessed 6.5mm diameter mesh-grade wire rod at $600/tonne fob China, down $20/t on-week.
This week, a steel mill in northeastern China lowered its export offer for alloy wire rod to $600/fob China. This is another $20/t drop from last week's offer, and a two-week drop o…
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Anonymous
Very good overview of the weekly steel market.
Anonymous