13
Jul
14:45
Chinese wire rod exports hold stable
Chinese wire rod export prices were flat this week. Sellers eagerly pursued deals but trading volumes were disappointing.
Kallanish assessed 6.5mm diameter mesh-grade wire rod at $530-535/tonne fob China, unchanged from last week.
"Wire rod export transactions are lagging behind the rebound in the domestic market," says a trader in eastern China. “Overseas buyers are still suppressing orders." Thousands of tonnes of transactions are said…
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Anonymous
Very good overview of the weekly steel market.
Anonymous