01
Sep
14:05
Southeast Asian wire rod import market moves sideways
The wire rod import market in Southeast Asia continues to move sideways, Kallanish notes. Regional suppliers are maintaining their offers, while buyers are mostly showing very little appetite. Traders say they have not heard of recent deals taking place.
Offers for 6.5mm SAE 1008 blast furnace regional wire rod for October shipment are at $585-595/tonne cfr Manila, similar to levels seen in the past three weeks. "The market has really been sluggish for q…
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Anonymous
Very good overview of the weekly steel market.
Anonymous