17
Sep
13:42
Some Chinese rod mills correct quotes after hike
Although China's domestic market saw prices fall due to sluggish demand this week, Chinese wire rod export offers remain firm, Kallanish notes.
Chinese wire rod mills have slightly adjusted their offers down to $520/tonne fob China, although some quotes remain at $530/t fob. They had initially raised offers due to deals concluded last week at higher levels. Last week, a northern Chinese wire rod mill sold to South America at $515/t fob China. A mill …
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Anonymous
Very good overview of the weekly steel market.
Anonymous