03
Sep
11:59
Deals boost Chinese wire rod exporter confidence
China's wire rod export market continues to rise amid higher-priced transactions. The strength of the domestic market has led to more confidence at steel mills, Kallanish notes.
This week, Chinese steel mills' offers have increased by another $5-10/tonne to $505-525/t fob China. The busy domestic transactions have given steel mills confidence in their prices. Although some producers are offering discounts, the overall price trend i…
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Anonymous
Very good overview of the weekly steel market.
Anonymous