11
Aug
11:16
Sellers hike wire rod export prices in ASEAN
Exporters are generally pressing for higher prices for wire rod in Southeast Asia this week, Kallanish notes. Current firmness in Chinese steel futures markets has spurred the price hikes. However, a Malaysian mill's offer for wire rod in Singapore at below its rebar prices has surprised traders.
In Manila, traders are offering 6.5mm SAE 1008 blast furnace regional wire rod for September/October shipment at $590-600/tonne cfr, up from last week’s $580-58…
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Anonymous
Very good overview of the weekly steel market.
Anonymous