29
Jul
17:10
Chinese wire rod exports remain stable
China's wire rod export market has been stable this week. The export tax rebate adjustments announced on Thursday had little impact on the wire rod market as they were not accompanied by the rumoured tax on hot rolled exports.
On Thursday, Kallanish assessed 6.5mm diameter mesh-grade wire rod at $820/tonne fob China, unchanged from a week earlier.
Mainstream export steel mills did not change their export offers this week, but they reduced their planned e…
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Anonymous
Very good overview of the weekly steel market.
Anonymous