04
Nov
09:43
Weaker market drops China's wire rod exports
China's wire rod export prices continue to suffer from the downtrend in the domestic market. Sellers' willingness to export however is very low.
On Thursday, Kallanish assessed 6.5mm diameter mesh-grade wire rod at $850/tonne fob China, down $5/t from a week earlier.
Few steel mills in China are willing to export low-carbon wire rods because the prices they can offer are not competitive. In the downward trend of the Chinese steel market, buyers have …
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Anonymous
Very good overview of the weekly steel market.
Anonymous