Tag: Chinese Wire Exports

China: Wire Rod Export Offers Surge Despite Stability in Spot Market

Jun 13, 2017

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by

Soumya Gupta

in Uncategorized

Chinese wire rod export prices picked up by USD 5/MT. However, spot offers remained stable amid improved trade activities. The fresh export offers for Q235 8 mm wire rod are assessed at USD 440-445/MT FoB, with increase of USD 5/MT W-o-W. With stability, domestic prices for same grade material are assessed at RMB 3,950/MT (USD…