01
Feb
14:47
Chinese wire rod exports fall before holiday
China's wire rod export prices fell with just over a week to go before the Lunar New Year holiday, with limited supply available on the market due to steel mill overhauls.
Kallanish assesses 6.5mm diameter mesh-grade wire rod at $560/tonne fob China, down $10/t from the week before.
Two major steel mills in northeastern China lowered their alloy-added wire rod offers this week to $565-570/t fob China. However, some traders said that the transaction level…
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Anonymous
Very good overview of the weekly steel market.
Anonymous