23
Dec
14:08
Chinese wire rod export prices increase, demand stalls
China's wire rod export prices have increased this week, but there are few market transactions due to holidays in key export markets, Kallanish notes.
Most Chinese steel mills increased their wire rod export offers by a total of $40/tonne to $670/t fob late last week and this week. However, when the market began to fall sharply from Tuesday, these mills stopped quoting and kept prices unchanged to watch the market change. Most buyers have started the Christmas…
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Anonymous
Very good overview of the weekly steel market.
Anonymous