23
May
15:18
China's wire rod exports see growing transactions
Chinese wire rod export market activity has returned this week. Although transaction volumes were limited, sellers actively released offers to the market.
Kallanish assesses 6.5mm diameter mesh-grade wire rod at $540/tonne fob China, up by $5/t from a week earlier.
Steel mills in northern China raised their alloy wire rod offer prices to $540/t fob China this week, in response to improving domestic trading sentiment. According to a Hangzhou-based trader, sev…
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Anonymous
Very good overview of the weekly steel market.
Anonymous