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14 Apr
15:37

China's wire rod exports hold despite lower offers

China's wire rod export market remained flat this week, although Tangshan resumed operation after lockdown and local traders were active in the market. On Thursday, Kallanish assessed 6.5mm diameter mesh-grade wire rod at $840/tonne fob China, unchanged on-week. Wire rod exporters in northern China are still setting their offers at $850-860/t fob China, but they are open to some bargaining. The current shipping schedule is for May and June, but…
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