04
May
10:08
ASEAN wire rod import market weakens further
The wire rod import market continues to move sluggishly in Southeast Asia, Kallanish notes. Buyers are not in a hurry to book material while there are some suppliers indicating lower offers from last week.
A Manila trader reports there are suppliers inviting bids at $540/tonne cfr for Chinese wire rod. Another says that Chinese-origin 6.5mm diameter wire rod offers are prevailing at $555-560/t cfr Manila, about the same as early last week. “They are basicall…
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Anonymous
Very good overview of the weekly steel market.
Anonymous