07
Mar
15:37
Chinese exporters short sell wire rod
China's wire rod export market saw firm offers this week, but actual transaction prices fell slightly amid traders' short-selling deals.
Kallanish assesses 6.5mm diameter mesh-grade wire rod at $540/tonne fob China, unchanged from the week before.
A mill source responsible for wire rod exports says the current export offers of alloy-added wire rod from most steel mills are at $560/t fob, which is also the indicative transaction level of large steel m…
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Anonymous
Very good overview of the weekly steel market.
Anonymous