06
Feb
10:15
Chinese wire rod export prices see massive drop
China's wire rod export prices have seen a sharp decrease after the Chinese New Year holiday, as traders lose confidence and steel market inventories rise rapidly, Kallanish notes.
Chinese traders can now mainly supply non-alloy wire rod from the Tangshan area, and offer prices are at about $450-455/t fob China. Eastern China's traders say offers from the two major suppliers in the region are at $460-465/t cfr Vietnam, and the shipping …
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous