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19 Dec
07:27

Chinese wire rod export prices stabilise

Chinese wire rod export market prices have remained unchanged this week, but buyers’ interest has weakened before the Christmas holiday. Northern China's steel mills have kept their wire rod export offers stable at $470/tonne fob China. However, eastern China's steel mills offered wire rod for export at $485/t fob, up by $5/t week-on-week. A southern China steel mill tells Kallanish the exchange rate fluctuation last Friday caused mills to …
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