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09 Feb
15:30

Buyers shun Chinese wire rod export offers

China's wire rod export offers have lost the attention of buyers, with higher prices becoming obstacles to transactions. Kallanish assessed 6.5mm diameter mesh-grade wire rod at $650/tonne fob China, up $10/t from a week before. Export offers from Chinese mills for alloy-added wire rod have increased to $650-660/t fob China, a market source said on Thursday. The earliest shipments steel mills can provide are for April-May, and some traders are also offer…
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