Chinese wire rod export prices fell slightly this week, but the weak market performance has held exporters back from making sales.
Kallanish assessed 6.5mm diameter mesh-grade wire rod at $570/tonne fob China, down another $5/t from a week ago.
Exports of Chinese construction steel products are very slow, as prices are uncompetitive, a source at a steel mill says. Offers for alloy-added wire rod from major steel mills were almost unchanged from last week at …
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.