01
Jun
14:23
Chinese wire rod export prices fall further
China's wire rod export prices have dropped on the collapse of the domestic construction steel market.
Kallanish assessed 6.5mm diameter mesh-grade wire rod at $530-540/tonne fob China, down $10/t from a week earlier.
A northern Chinese steel mill has cut its alloy-added wire rod offer to $540/t fob China, a market source reports. Traders will consider short-selling deals at $530/t fob China. The deal price could go even lower in the falling ma…
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Anonymous
Very good overview of the weekly steel market.
Anonymous