26
Aug
13:03
Chinese rod export remains despite rebounding domestic prices
The Chinese wire rod market has returned to quiet again, and traders focussing on other more active trades, Kallanish notes.
Although the domestic market has changed significantly in the past week with a rebound in long product prices, wire rod export offers have remained unchanged. The difficulty of trading in the face of high prices, uncertainty over policy and weak demand has become a dilemma for traders, which are turning away from export markets. Chinese stee…
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Anonymous
Very good overview of the weekly steel market.
Anonymous