26
Dec
08:56
Chinese wire rod export market quietens, prices fall
Chinese wire rod export market prices have declined as overseas buyers enter holidays, Kallanish notes.
Although wire rod export offers from eastern China's steel mills are still firm, northern China's steel mills have started to reduce their offer prices. An offer from a northern steel mill is now $465/tonne fob China, down $5/t from last week's $470/t fob China. Earlier last week, a small amount of wire rod was booked at $465…
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Anonymous
Very good overview of the weekly steel market.
Anonymous