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19 Oct
11:27

Chinese wire rod exports hold firm

China's wire rod export market held firm this week on improving sentiment in the domestic steel market. Kallanish assessed 6.5mm diameter mesh-grade wire rod at $535/t fob China, unchanged from a week before. Northeastern Chinese steel mills are offering their alloy-added wire rod at $540/t fob China, unchanged from last week. Chinese traders had the intention to offer discounts and conduct short-selling transactions at the beginning of this week, howeve…
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