12
Jan
14:57
Chinese wire rod export prices remain firm
Chinese wire rod export prices have increased due to the appreciation of the renminbi. However, the market faced obstacles to reaching deals as prices were above buyers' targets and China is about to enter the Lunar New Year holiday.
Kallanish assessed 6.5mm diameter mesh-grade wire rod at $610/tonne fob China, unchanged from a week before.
Major Chinese alloy-added wire rod exporters were keeping their export offers at $610-620/t fob China. Mills h…
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Anonymous
Very good overview of the weekly steel market.
Anonymous