12
Dec
08:42
Chinese wire rod export prices decline
Chinese wire rod export prices have declined this week, as China's domestic long steel prices plummeted, Kallanish notes.
Major mills in eastern China have kept their wire rod offers stable from last week at $480/tonne fob China. However, steel mills’ offers in northern China have decreased by $5/t week-on-week to $470/t fob China.
There are fewer traders short selling the market this week, however. Offers from a major Chine…
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Anonymous
Very good overview of the weekly steel market.
Anonymous