Tag: Global wire prices

China: Wire Rod Export Offers Elevate; Amid Strong Spot Market

May 3, 2017

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by

Soumya Gupta

in Uncategorized

Chinese wire export offers sharply increased by USD 10/MT; with the current offers at USD 420-425/MT, FoB Main Port. Wire rod prices increased gradually amid active trading in China’s domestic market. The prices for 8 mm wire rod (Q235) are assessed at USD 524/MT (RMB 3,610/MT) in Shanghai sharply up by USD 23/MT (RMB 160)…