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10 Dec
10:33

Chinese wire rod export offers break $600/t

China's wire rod export prices and domestic prices have diverged during the week. Even though domestic wire rod prices fell at the beginning of the week, export prices continued to rise steadily, Kallanish notes. Strong domestic and overseas demand has led to firm export offers for Chinese wire rods. Most steel mills increased their offers by another $20/t to $600/t fob China this week. While China's steel export prices have repeatedly hit record highs, wi…
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