23
Apr
09:52
Chinese wire rod exports fall back
The Chinese wire rod export market returned to a downtrend this week due to the weakening of buying interest, Kallanish notes.
Eastern China's major long steel producers report their offers for alloy-added wire rod at $440-450/tonne fob China. However, as buyers slowed down their purchases, some steelmakers accepted an approximately $10/t discount and reduced their offers to $430/t fob China. Non-alloy wire rod, meanwhile,&nb…
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