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Wire rod export offers remain firm in Southeast Asia, Kallanish notes. Regional importers are generally on the sidelines, because of the recent downturn in Chinese steel futures and the approach of the seasonal year-end lull. Malaysian- or Indonesian-origin 6.5mm low-carbon wire rod offers remain at around the same levels of last week at $615-620/tonne cfr Manila levels. Traders were heard offering Chinese origin wire rod offer at lows of $590-595/t cfr …
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Maryam Wang Shanghai , Anna Low Singapore
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