Tag: Global wire rod offers
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Week 05 Update: Chinese Wire Rod Offers Continue to Remain Firm
Chinese wire rod export offers remain unchanged in a week’s duration and stood at USD 445-450/MT FOB, following the price stability in the domestic market. Meanwhile, domestic prices for 8 mm wire rod (Q235) were assessed at USD 521/MT (RMB 3,560/MT) in Shanghai & at USD 490/MT (RMB 3,380/MT) in Beijing. Offers remain unchanged in…