27
Apr
15:32
China's long product export prices plummet
China's construction steel export market slumped again due to plummeting domestic steel prices, with short selling brisk amid weaker expectations.
Kallanish assessed 6.5mm diameter mesh-grade wire rod at $580/tonne fob China, down $30/t from a week ago.
China's large steel mills have continuously lowered their export offers for alloy wire rod since last week in order to follow market changes. "The current price change is based on a daily basis, …
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Anonymous
Very good overview of the weekly steel market.
Anonymous