13
Jan
12:35
China's wire rod exports fall silent
Chinese wire rod export prices have remained unchanged for more than a month amid a lack of interest in exporting. The Chinese New Year holiday is approaching, and expectations for dealmaking are negative.
On Thursday, Kallanish assessed 6.5mm diameter mesh-grade wire rod at $740/tonne fob China, unchanged week-on-week.
This week, only offers from mills were valid, while traders pulled out of the market. Steel mills in northeast China offered at $740/t fob China …
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Anonymous
Very good overview of the weekly steel market.
Anonymous