02
Dec
15:06
Falling Chinese wire rod prices attract export attention
China's steel market demand has fluctuated this week, but production restrictions prevented steeper price falls.
On Thursday, Kallanish assessed 6.5mm diameter mesh-grade wire rod at $740/tonne fob China, down by $10/t from a week earlier.
Steel prices continued to remain weak this week after falling slightly last week. Chinese steel mills lowered their wire rod export prices by $5-10/t. A northern China steel mill was reported to have accepted bids at $…
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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