20
Feb
11:08
Chinese wire rod exports stay quiet
China's wire rod export market has remained uncertain this week with fewer transactions than last week, Kallanish notes.
Non-alloy wire rod from the Tangshan area is still reflecting the lowest level of the market, with a deal last weekend reached at $455/tonne cfr Manila. Major Chinese steel mills have slightly raised their offers for alloy-added wire rod to $455-460/t fob China this week. This is mainly because the successive overhauls started by m…
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Anonymous
Very good overview of the weekly steel market.
Anonymous