23
Mar
08:58
Chinese wire rod exports hold on shrinking demand
China's long steel product export markets remained calm this week, as the domestic steel price shocks made buyers hesitate.
Kallanish assessed 6.5mm diameter mesh-grade wire rod at $655/tonne fob China, unchanged from a week ago.
Export offers for alloy-added wire rod from northern Chinese mills continued at $655/t fob China, basically unchanged from last week. A large private mill in eastern China cut its long product export prices by $5/t this wee…
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Anonymous
Very good overview of the weekly steel market.
Anonymous