16
May
14:53
Chinese wire rod exports decline despite currency movement
China's wire rod export prices have weakened this week, with sluggish demand in the Southeast Asian regional market and lower bids hampering deal completion.
Kallanish assesses 6.5mm diameter mesh-grade wire rod at $535-540/tonne fob China, down by $5/t from a week earlier.
A major steel mill in northeastern China has set its alloy-added wire export price at $540/t fob China, which is a slight decline of $2.5/t from the week before. Chinese traders were …
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Anonymous
Very good overview of the weekly steel market.
Anonymous