China’s wire rod export prices flat amid inactivity

China’s wire rod export market remained inactive over the past week despite sellers lowering their offers, with demand dampened by the spread of the Covid-19 virus across the world.

Fastmarkets’ weekly price assessment for May/June shipments of steel wire rod (mesh quality) export, fob China main port was $450-455 per tonne on Tuesday March 31, unchanged from a week earlier.

Steel mills offered the product at $450-460 per tonne fob early...

Published

Jessica Zong

April 01, 2020

06:57 GMT

Shanghai