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28 Mar
11:29

Chinese rod export prices stable, non-alloy rod active

Chinese wire rod export prices have remained stable this week, but exports of non-alloy-added Chinese wire rod have dominated the market in Southeast Asia. Kallanish assesses 6.5mm diameter mesh-grade wire rod at $530/tonne fob China, unchanged from the week before. Chinese exporters are supplying alloy-added wire rod this week at $530-540/t fob China, unchanged on-week. But market traders believe this price is meaningless. Real transactions will not take pl…
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