30
Mar
14:53
Chinese wire rod export prices slump
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Chinese wire rod export prices have fallen rapidly due to slowing demand. Weakness in the domestic steel market has also dragged down steel prices since last week.
Kallanish assessed 6.5mm diameter mesh-grade wire rod at $635/tonne fob China, down $20/t from a week ago.
Alloy-added wire rod mills in northeast China have again announced they will accept $5/t reductions after lowering their export offers to $640/t fob China this week. Some large trad…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous