04
May
13:28
China's wire rod export prices fall after holiday
China's wire rod export market has slipped slightly after China's return from the Labour Day holiday, with weakness in the domestic futures and spot markets showing that confidence has yet to return.
Kallanish assessed 6.5mm diameter mesh-grade wire rod at $575/tonne fob China, down $5/t from a week ago.
Major Chinese mills are keeping their export offers for alloy-added wire rod at $580/t fob China. On the first day back from the holidays, Chinese s…
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Anonymous
Very good overview of the weekly steel market.
Anonymous