30
Jun
16:23
China's wire export prices hold steady
China's wire rod export prices stabilised this week after last week's slump, and a rebound in futures boosted market confidence.
On Thursday, Kallanish assessed 6.5mm diameter mesh-grade wire rod at $680/tonne fob China, unchanged on-week.
A wire rod exporter from northeast China maintained its export offer at $690/t fob China this week, considering a slight recovery in domestic trading. Another Hangzhou-based trader tells Kallanish the short selling…
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Anonymous
Very good overview of the weekly steel market.
Anonymous