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06 Jun
10:54

China's wire export prices rebound beyond expectations

China's wire rod export prices began to rise on Thursday, exceeding buyers' expectations and leading to a stagnation in transactions. Kallanish assesses 6.5mm diameter mesh-grade wire rod at $540/tonne fob China, up by $5/t from a week earlier. Export offer prices for alloy-added wire rod from northern Chinese mills remained at $540/t fob China this week, with another north China mill offering at $545/t fob China. The export prices of alloy-added wir…
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