15
Jul
15:30
Chinese wire rod export prices rise on restrictions
The Chinese wire rod export market has shown an upward trend, boosted by this week's production restriction news. However, market transactions are still limited.
On Thursday, Kallanish assessed 6.5mm diameter mesh-grade wire rod at $815/tonne fob China, up by $5/t from a week earlier.
China's crude steel production may decline due to stricter production restrictions in the second half of the year. This has caused steel prices to take off this week. A…
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Anonymous
Very good overview of the weekly steel market.
Anonymous