Prices for wire rod and rebar in China’s leading markets recorded a downward trend in September, following the price trend of steel billets, which is the raw material. Steel mills showed a lack of confidence in the market recovery and continued to cut the ex-works prices of wire rod and rebar to attract orders.Asian Metal Copyright Steel mills showed a lack of confidence in the market recovery and continued to cut the ex-works prices of wire rod and rebar to attract orders.Asian Metal Copyright Insiders predict that prices for wire rod and rebar are unlikely to rebound in October.
.Asian Metal Copyright
Asian Metal Copyright
