10
Oct
09:58
Chinese wire rod export offers flatten
China wire rod export offers remained flat this week from before the holiday, Kallanish notes. Low-priced offers from traders have occasionally appeared on the market however due to weak domestic sales.
Major steel mills in northern China are giving offers for high carbon steel at $465/tonne fob China and $470/t fob for low carbon steel. Meanwhile, mills in eastern China are offering $475/t fob Shanghai port for November shipments. Some traders ar…
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Anonymous
Very good overview of the weekly steel market.
Anonymous