08
Apr
11:13
Chinese rod export offers rise despite no deals
China's wire rod export prices have risen this week due to the increase in domestic demand, but the export market was basically quiet and no deals were reached. Doubts over a change in China’s export rebate are leaving markets with too much uncertainty to conclude deals.
Compared with last week, Chinese wire rod export offers continued to increase, to around $750/tonne fob China. The price does not include the additional costs that may arise from the can…
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Anonymous
Very good overview of the weekly steel market.
Anonymous