15
Oct
11:03
Chinese wire rod exports rebound on trader buying
Chinese wire rod export prices have been boosted by rising domestic market prices after the return from holiday. However, traders believe strong prices will not last long, Kallanish notes.
Compared with offers of about $510/tonne fob China before the holiday, offers this week have increased by about $10-15/t to $520-525/t fob China. Transactions are a factor driving up prices. Compared with before the holiday when there were few …
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Anonymous
Very good overview of the weekly steel market.
Anonymous