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05 Mar
08:16

Chinese wire rod export prices keep rising

China's wire rod export prices have further increased with the recovery of domestic demand, which has made product less competitive on export markets, Kallanish notes. On Thursday, 6.5mm diameter mesh grade wire rod was assessed at $450-455/tonne fob China, up by $5/t week-on-week. Because domestic demand has gradually picked up, Chinese wire rod traders have increased their offers. In addition, the price difference between non-alloy wire rod f…
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