10
Aug
15:35
Chinese wire rod exports fall on weak demand
The Chinese wire rod export market has been subdued over the past two weeks, with very few transactions reported.
Kallanish assessed 6.5mm diameter mesh-grade wire rod at $540-545/tonne fob China, down $5/t from last week.
The drop in domestic steel prices has also had a negative impact on export prices, with mills lowering their offers. Market sources report quotes for alloy-added wire rod from large northern Chinese steel mills are at $545/t fob China, dow…
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Anonymous
Very good overview of the weekly steel market.
Anonymous