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31 Oct
10:05

Chinese wire rod export prices rise

China's wire rod export prices have increased slightly this week and transaction levels are unchanged. While some high-priced steel mills lowered their offer prices, actual deal prices were higher week-on-week, Kallanish notes. On Thursday, 6.5mm diameter mesh grade wire rod was assessed at $447-450/tonne fob China, up $4.5/t from the previous week. Steel mills in eastern China lowered their offers by $5/t to $460/t fob this …
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