14
Mar
15:16
Chinese wire rod export offers see further decline
China's wire rod export prices continued to fall this week, especially as the collapse of China's steel market weakened exporter confidence.
Kallanish assesses 6.5mm diameter mesh-grade wire rod at $530/tonne fob China, down $10/t from the week before.
It is said that some traders have short-sold Chinese alloy-added wire rods at $530/t fob China and sought deals to Thai buyers. A contact from a large trading company in eastern China said, "In ad…
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Anonymous
Very good overview of the weekly steel market.
Anonymous