18
Mar
11:30
Chinese wire rod exports prices increase rebate rumours
China's wire rod export prices have risen this week. Rumors that export tax rebates for wire rods will be reduced lead steel mills to control costs more carefully.
On Thursday, Kallanish assessed 6.5mm diameter mesh-grade wire rod at $725/t fob China, up by $10/t from a week earlier.
Chinese exporters are expecting to be officially notified of the reduction of export tax rebates on 1 April. At present, most market participants believe that the tax rebate for …
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