Chinese wire rod producers raise export offers amid low selling interest

Chinese steelmakers raised their export offers for wire rod over the past week amid disinterest toward new orders, having secured sufficient numbers of them.

Fastmarkets’ weekly price assessment for February shipments of steel wire rod (mesh quality) export, fob China main port was $480-485 per tonne on Tuesday January 7, up $15 per tonne from a week earlier.

Major wire rod producers in China issued offers of $485 per...


Jessica Zong

January 08, 2020

04:40 GMT