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09 Jun
13:42

China's wire rod exports flat, domestic market rebounds

China's wire rod export market paused its recent losses and held steady week-on-week on the back of a rebound in domestic trade this week. On Thursday, Kallanish assessed 6.5mm diameter mesh-grade wire rod at $750/tonne fob China, unchanged on-week. Chinese mills have not revised their export offers, which remain at $750-755/t fob China. Major mills have passive expectations for wire rod exports as the upcoming rainy season in Southeast Asia is expected …
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