08
Jun
14:46
Chinese wire rod holds on strong domestic market
China's domestic steel market rebounded slightly this week, enabling wire rod export offers to remain firm.
Kallanish assessed 6.5mm diameter mesh-grade wire rod at $530-540/tonne fob China, unchanged from last week.
Expectations of positive financial policies and a rumour of possible loosening of real estate policies have revived confidence among futures investors. China's steel market is rallying again, driving both speculation and end-us…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
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