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13 Apr
15:27

Chinese long steel export prices continue to shrink

China's steel market remained weak in April, and long steel product export prices continued to decline in a negative market. Kallanish assessed 6.5mm diameter mesh-grade wire rod at $620/tonne fob China, down $5/t from a week ago. Large steel mills in Northeast China have lowered their alloy wire rod export prices to $620/t fob China for May shipment, another drop of $5-10/t compared to last week. Southeast Asian buyers have returned from Easter, but&nbs…
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