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09 Jan
10:19

Chinese wire rod export markets rise

Although demand for Chinese wire rod in export markets has not recovered and there are few transactions, Chinese wire rod export offers are still increasing, Kallanish notes. Mainstream wire rod offers are now at up to $480-485/tonne fob China, mainly because steel mills in northern China have also started to raise prices. The prices of steel mills in eastern China have remained unchanged at $480-485/t for around a month. No major deal was reported&…
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