18
May
14:55
Chinese wire rod export prices hold
Chinese wire rod export prices stabilised this week amid a brief recovery in the domestic steel market.
Kallanish assessed 6.5mm diameter mesh-grade wire rod at $570/tonne fob China, unchanged from a week ago.
Export offers for alloy wire rod from major Chinese mills are still at $570/t fob China, remaining flat from last week. The market has tended towards a recovery, so fewer traders attempted short-selling. Small-volume transactions were concluded be…
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Kallanish Asia
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous