17
Aug
14:59
Chinese wire rod exports remain stable
The Chinese wire rod export market stabilized this week even though the domestic market was in turmoil due to multiple factors.
Kallanish assessed 6.5mm diameter mesh-grade wire rod at $540-545/tonne fob China, unchanged from a week ago.
"There is a gap between the expectations of market buyers and the targets of Chinese mills," said a mill source. He said there have been occasional inquiries recently, but deals are hard to reach. Long steel prices…
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Anonymous
Very good overview of the weekly steel market.
Anonymous