22
Sep
18:44
Buying activity picked up for wire rod imports in the Philippines during the past week, Kallanish notes. Buyers came back to restock after weeks of staying away as Chinese material became competitive.
Offers for regional-origin blast furnace 6.5mm diameter wire rod rise to above $600/tonne cfr Manila from around $600/t cfr last week. Regional mills hiked export offers for wire rod amid demand and export sales in the EU.
Deals instead struck for Chinese-origin 6.5…
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Anna Low
Singapore
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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.
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