09
Jul
13:45
Chinese wire rod export prices remain stable
The Chinese wire rod export market remained quiet this week, but steel mill offers are still at a high level due to strong domestic sales, Kallanish notes.
On Thursday, 6.5mm diameter mesh-grade wire rod was assessed at $450-455/tonne fob China, down $1.5/t week-on-week.
Alloy-added wire rod producers in northern China set their offers at around $465/t fob China and can accept certain bargains. Although transactions in the Chinese domestic market have picked…
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Anonymous
Very good overview of the weekly steel market.
Anonymous