23
Nov
14:36
China's wire rod export prices keep rising
China's wire rod export prices continue to rise due to the firm domestic market. Steel mills show no intention to cut offers in the short term.
Kallanish assessed 6.5mm diameter mesh-grade wire rod at $560/tonne fob China, up another $10/t from the week before.
Large steel mills in northern China have set alloy-added wire rod export prices at $565-570/t fob China, an increase of $10-15/t from last week. Driven by the stronger domestic futures market, spo…
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Anonymous
Very good overview of the weekly steel market.
Anonymous