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02 Dec
11:04

ASEAN regional mills hike wire rod export prices

Southeast Asian mills have hiked export offer prices for wire rod this week, Kallanish notes. This is despite a lack of regional buying interest and lingering concerns that a post-Covid recovery could be delayed by the Omicron variant. Offers for 6.5mm diameter blast furnace low-carbon wire rod from Malaysia were raised to $730/tonne cfr Manila from $710/t cfr after 29 November. The lowest offer for an Indonesian mill's blast furnace wire rod is…
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