21
Oct
10:57
China's wire rod exports suspended, import gap fades
China's wire rod export market has remained quiet with sluggish steel prices, and the opportunity for import transactions has also vanished, Kallanish notes.
Restrictions on low-end steel exports mean little material is now being made available for export. Even if steel mills give export offers, they have no intention to negotiate to make a deal.
This week, China began to strictly crack down on coal price speculation, which also undermined domestic …
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
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