13
Jun
10:12
ASEAN wire rod market flattens
The ASEAN import market for wire rod stabilised over the past week, Kallanish notes. Suppliers are offering at around the same levels as last week amid a quiet market.
In Manila, suppliers are still quoting Chinese 6.5mm base 1008 wire rod for July shipment at around $530/tonne cfr, unchanged from last week. Several small tonnage deals took place at this level this week. “It’s common for wire rod from China to be shipped in 500-1,000t lots,” a Ma…
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Anonymous
Very good overview of the weekly steel market.
Anonymous