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17 Nov
14:31

Chinese wire rod offers stabilise

China's wire rod export market has stabilised this week, as a rebound in the domestic market and sluggish overseas demand have brought calm to Chinese exporters. Kallanish assessed 6.5mm diameter mesh-grade wire rod at $520/tonne fob China, unchanged week-on-week. A northeastern Chinese steel mill offered at $545/t fob China for alloy-added wire rod for December/January shipment, a slight decrease by $5/t from last week. Northern mills kep…
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