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15 Dec
13:50

China's wire rod export prices hike

China's wire rod export prices have jumped as the domestic market rose and increased transactions supported market confidence. Kallanish assessed 6.5mm diameter mesh-grade wire rod at $590/tonne fob China, up another $25/t on-week. A mill in northeast China has set its export price for low-carbon wire rod at $595/t fob China and at $625/t fob China for high-carbon wire rod. Considering the recent rapid price rise, some traders are offering short-sel…
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