China’s export prices for wire rod flat amid domestic market swings

Export prices for Chinese wire rod held steady over the past week amid soft demand against the background of a fluctuating domestic market in China.

Fastmarkets MB's export price assessment for January shipments of Chinese chromium-added mesh-quality wire rod was $500-510 per tonne fob for the week ended Tuesday December 4, unchanged from a week earlier. Most Chinese steelmakers did not issue any offers in the first couple of days of this week due to the big swings in China’s domestic market. Fastmarkets MB’s weekly domestic price assessment for wire...

Published

Jessica Zong

December 05, 2018

04:35 GMT

Shanghai