13
May
11:03
Chinese rod export offers exceed $1,000/t
China's wire rod export prices continued to soar this week, but the high prices have left Chinese resources priced out of Southeast Asian markets.
On Thursday, Kallanish assessed 6.5mm diameter mesh-grade wire rod at $1,000/t fob China, up by $130/t from a week earlier.
Strong domestic demand and positive market expectations have led Chinese steel mills to raise their offers several times this week. Compared with last week, this week's export price for ma…
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Anonymous
Very good overview of the weekly steel market.
Anonymous