Tag: Wire Rod
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Imported Wire Rod Offers Down on the Back of Stagnant Demand
Chinese wire rod offers for chrome added material have declined approximately by USD 5/MT for October shipments. The global market seems to be affected by the depreciating Chinese currency Yuan and declining Chinese billet prices. This week imported offers for chrome added wire rod came down to USD 315-318/MT FOB and USD 330/MT CFR Mumbai…