20
Aug
11:07
Chinese wire rod export price growth slows
Chinese wire rod export offers have risen strongly this week, but weak demand has limited transaction price growth, Kallanish notes.
On Thursday, 6.5mm diameter mesh-grade wire rod was assessed at $485-490/tonne fob China, up by $2.5/t week-on-week.
As China's domestic demand remains stable, Chinese steel mills' export offers have increased to $495-515/t fob China this week. Most of these offers were at $495/t, but the higher quotes show th…
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Anonymous
Very good overview of the weekly steel market.
Anonymous