02
Feb
11:48
Sentiment has softened in the East Asian import market for rebar and wire rod in the past three days while offers are still firm, Kallanish notes. Buying interest is sparse in the market amid the tumbling steel futures on the Shanghai Futures Exchange.
Offers are around $630/tonne cfr Manila for presumably position cargoes of Chinese blast furnace 6.5mm diameter wire rod, and at $650-660/t cfr for ASEAN-origin wire rod. “Traders coul…
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Anna Low
Singapore
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous