China’s wire rod export prices narrow upward

Export prices for wire rod in China narrowed upward over the past week, with market participants anticipating higher prices after the Chinese New Year holiday.

Some market participants have suspended business ahead of the break. Metal Bulletin’s price assessment for March shipments of chromium-added mesh-quality wire rod was $565-580 per tonne fob for the week ending Tuesday February 13, narrowing upward by $5 per tonne from a week earlier. One steel...

Published

Jessica Zong

February 14, 2018

02:00 GMT

Shanghai