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27 Feb
11:55

Chinese wire rod exports pick up slightly

China's wire rod export offers rose slightly this week, supported by increasing domestic steel prices. Traders saw steady deals, but volumes are very limited, Kallanish notes. On Thursday, 6.5mm diameter mesh grade wire rod was assessed at $445-450/tonne fob China, up by $5/t week-on-week. Chinese traders offered non-alloy added wire rod at $455-460/t fob China for April shipments. These low-priced products are still the focus of…
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