12
Mar
11:44
Chinese wire rod exports remain stable
China's wire rod export market has remained stable this week, with limited transactions and lower mill offers, Kallanish notes.
Major producers in eastern China are still keeping offer prices firm at around $485/tonne fob China, while northern steel mills have had to cut prices due to weak demand. The offer price of two major wire rod suppliers in northern China dropped by $5/t week-on-week to $460/t fob China. Some deals concluded at $455/t fob China, and the…
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Anonymous
Very good overview of the weekly steel market.
Anonymous