03
Mar
13:18
Rising market brings chances for China's wire exports
The Russian invasion of Ukraine has reverberated around global steel markets, and Chinese wire rod exporters are looking for opportunities for export deals.
On Thursday, Kallanish assessed 6.5mm diameter mesh-grade wire rod at $800/tonne fob China, up $30/t on-week.
China's steel market first fell and then rose, driven by the strong recovery of iron ore prices supported steel prices. Chinese wire rod exporters meanwhile raised their prices firs…
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Anonymous
Very good overview of the weekly steel market.
Anonymous