14
May
09:48
Chinese wire rod exports run into trouble
Chinese wire rod suppliers are struggling to secure export trade but the stability of domestic demand has led to an increase in exporters' offers, Kallanish notes.
On Thursday, 6.5mm diameter mesh-grade wire rod was assessed at $425-430/tonne fob China, up $10/t week-on-week.
Eastern China's major mills have increased their alloy-added wire rod export offers to $440/t fob, which is about $15-20/t higher week-on-week. Meanwhile, a major northern Chine…
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Anonymous
Very good overview of the weekly steel market.
Anonymous