China’s wire rod export prices dip amid receding demand

Export prices for wire rod in China narrowed downward over the past week amid a softening of demand.

Metal Bulletin’s assessment of prices for April/May shipments of chromium-added mesh-quality wire rod was $580-605 per tonne fob for the week ended Tuesday March 13, compared with $580-615 per tonne a week earlier. Steel mills were offering the product at $605-615 per tonne fob over the past week, but most of them could not sell anything. Only...

Published

Jessica Zong

March 14, 2018

06:01 GMT

Shanghai