06
Apr
10:58
Wire rod import prices falter in ASEAN
The ASEAN import market for wire rod has softened further, Kallanish notes. Regional trading is sparse in the falling market.
Offers for China-origin low-carbon 6.5mm diameter non-alloy wire rod from Tangshan were last heard at around $625/tonne cfr Manila, down from $630/t cfr last week. Most offers for Tangshan wire rod are still prevailing at $600-610/t fob, a regional trader in Singapore says.
Offers for small, residual lots of Tangshan wire rod have slipped …
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Anonymous
Very good overview of the weekly steel market.
Anonymous