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11 Aug

China's wire rod export prices rebound

China's wire rod export prices have risen this week as the domestic steel market recovered and offers hiked. On Thursday, Kallanish assessed 6.5mm diameter mesh-grade wire rod at $600/tonne fob China, up $5/t on-week. There are 400 tonnes of 5.5mm diameter SAE 1008 wire rod available for export sale at $610-620/t fob China. This price seems to be acceptable for price reduction, Kallanish learns from a Tangshan-based trader. 6.5mm wire rod offers from a&…
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