Optimistic mills keep export prices for Chinese wire rod flat

Chinese wire rod producers are keeping export offers stable on expectations of improved demand in April, market sources told Fastmarkets, which kept prices flat in the past week amid sparse trading.

Fastmarkets’ weekly price assessment for March/April shipments of steel wire rod (mesh quality) export, fob China main port was $465-470 per tonne on Tuesday February 18, unchanged from a week earlier.

Steel mills issued offers of $470 per tonne fob for the product early this...

Published

Jessica Zong

February 19, 2020

06:40 GMT

Shanghai