21
Dec
14:19
Chinese wire rod export prices drop again
Chinese wire rod export prices continued to fall this week, with overseas markets seeing reduced liquidity as the holidays approach.
Kallanish assessed 6.5mm diameter mesh-grade wire rod at $575/tonne fob China, down another $5/t from the week before.
Steel mills in northern China have lowered export offers for low-carbon wire rod from $580/t fob China to $575/t fob China this week, a market source said. The softening of domestic steel prices in China has pr…
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Anonymous
Very good overview of the weekly steel market.
Anonymous