27
Jan
11:59
China's rod exports remain quiet despite Asia uptick
Although the Asian long steel market strengthened in the last trading week before Chinese New Year, Chinese wire rod exports have remained quiet.
On Thursday, Kallanish assessed 6.5mm diameter mesh-grade wire rod at $740/tonne fob China, unchanged week-on-week.
Traders have already begun their holiday. Chinese mills have meanwhile also not announced any new offers, so the market is holding on to last week's prices. Domestic spot trading of wire rod …
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Anonymous
Very good overview of the weekly steel market.
Anonymous