15
Jun
13:10
Philippine wire rod import market inches up
Import buying for wire rod has resumed in the Philippines, Kallanish notes. Importers are buying small tonnages to replenish stocks.
Chinese-origin 6.5mm diameter low-carbon wire rod from Tangshan for July/August shipment was booked on Wednesday at just under $540/tonne cfr Manila, Philippine trading sources report. The bookings are typically for 1,000-2,000t. “Bookings have been taking place since last week,” a Manila trader says, adding that he handl…
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Anonymous
Very good overview of the weekly steel market.
Anonymous