20
Apr
15:12
Chinese long steel export prices slip
The Chinese construction steel market saw export prices slip again this week, with transactions progressing slowly.
Kallanish assessed 6.5mm diameter mesh-grade wire rod at $610/tonne fob China, down $10/t from a week ago.
A large steel mill in northeast China sold hundreds of tonnes of 5.5-6.5mm alloy-added wire rod at $610/t fob China this week to cover some short-selling by traders. However, the prices of non-alloy wire rods from small steel mills in…
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Anonymous
Very good overview of the weekly steel market.
Anonymous