Chinese wire rod producers keep offers flat amid focus on domestic market

China’s wire rod producers kept their offers unchanged over the past week despite strong competition from abroad, with most of them having little interest in international orders amid steady domestic demand.

Fastmarkets’ weekly price assessment for December/January shipments of steel wire rod (mesh quality) export, fob China main port was $445-450 per tonne fob on Tuesday November 5, unchanged from a week earlier. Steel mills’ offers for the product were at $450-460 per tonne fob in the past...

Published

Jessica Zong

November 06, 2019

06:28 GMT

Shanghai