04
Jan
14:00
Chinese wire rod gains after holiday
The strength of China's domestic steel market has supported wire rod export offers this week, even as export deals were thin.
Kallanish assesses 6.5mm diameter mesh-grade wire rod at $575/tonne fob China, up $10/t from the week before.
Chinese steel mills have seen higher domestic prices this week and are offering fewer discounts in the export market. Low-carbon alloy-added wire rod in northern China was quoted at $575-580/t fob China, while the same pro…
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Anonymous
Very good overview of the weekly steel market.
Anonymous