16
Jun
11:51
Wire rod import prices dive in ASEAN
Wire rod import prices dived in Southeast Asia this week, Kallanish understands.
Suppliers were not successful in hiking prices in Manila. Offers for 6.5mm diameter blast furnace SAE 1008 wire rod from Malaysia and Indonesia for August shipment are now offered at $720/tonne cfr, after suppliers failed to get interest at $750-755/t cfr last week.
Traders are giving out these offers, Manila-based trading participants say. “I understand that th…
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Anonymous
Very good overview of the weekly steel market.
Anonymous