19
Jan
09:15
Wire rod offers shoot up in ASEAN
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Offer prices for wire rod from ASEAN mills continue to rise sharply in Southeast Asia, Kallanish notes. Trading is sparse because buyers’ price idea and regional steel demand are lagging behind these rapid price hikes. Regional markets in China and ASEAN are also slowing down ahead of the Lunar New Year holiday break.
Certain Chinese traders offered Chinese-origin 6.5mm diameter wire rod for March shipment at $630/tonne cfr Manila early this week, some Manil…
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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.
Anonymous