02
Sep
13:45
Chinese rod export price rebounds but shipments blocked
China's wire rod export prices have rebounded this week but no transactions were completed. Port congestion still poses significant barriers to steel mill exports.
On Thursday, Kallanish assessed 6.5mm diameter mesh-grade wire rod at $830/tonne fob China, up by $10/t from a week earlier.
Affected by rising domestic steel prices, Chinese steel mills have increased their export offers. Low-carbon wire rod is offered at $840/t fob China, whil…
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Anonymous
Very good overview of the weekly steel market.
Anonymous