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11 Jun
11:14

Chinese wire rod imports, exports stagnate

The Chinese wire rod export market has remained quiet for several weeks because of weak competitiveness. At the same time, the import market began to fall into calm this week, Kallanish notes. On Thursday, 6.5mm diameter mesh-grade wire rod was assessed at $445/tonne fob China, unchanged week-on-week. The export offers for Chinese alloy-added wire rod are about $460-470/t fob China. The price increase was mainly due to the rise in the domestic spot…
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