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25 Jan
14:40

Chinese wire rod exports flat despite domestic rebound

Chinese wire rod export prices remained flat this week, but sellers' confidence was boosted as China announced economic stimulus policies. Kallanish assesses 6.5mm diameter mesh-grade wire rod at $570/tonne fob China, unchanged from the week before. Major alloy-added wire rod mills in China provide low-carbon wire rod export offers at $570-580/t fob China, with shipment in early-March. This is almost unchanged from the offers last week, despite the reser…
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