• Copper Conc. TC 25%min CIF China(-1)  05-17|Nickel Cathode Norilsk 99.96%min In port China(4300)  05-17|Indium Ingot 99.995%min Delivered Europe(8)  05-17|TMT Bar Fe500 16mm In warehouse Mumbai(1500)  05-17|Nickel Cathode 99.96%min EXW China(4300)  05-17|TMT Bar Fe500 12mm In warehouse Mumbai(1500)  05-17|Indium Ingot 99.995%min FOB China(10)  05-17|Rebar HRB400 20mm FOB China(15)  05-17|Wire Rod SAE1008 5.5mm In warehouse Mumbai(1500)  05-17|Wire Rod Q195 6.5mm FOB China(15)  05-17|Wire Rod SAE1008 6.5mm FOB China(15)  05-17|Rebar HRB400 12mm FOB China(15)  05-17|Indium Ingot 99.995%min Delivered US(7)  05-17|Cobalt Metal 99.8%min Delivered China(5)  05-17
  • Monthly Wire Rod and Rebar Market Report Mar 2020

    2020-04-10 08:50:05   【Print】
    The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
    Please contact us for a subscription.
    1. Market Highlights

    With the demand from downstream industries recovering slowly in March, prices of wire rod and rebar in Chinese leading markets showed some signs of rebounding. However, stocks were consumed slowly, so it was difficult for prices to go up firmly.Asian Metal Copyright However, stocks were consumed slowly, so it was difficult for prices to go up firmly.Asian Metal Copyright What was worse, under the COVID-19 outbreak in the global market, the export shrank sharply, which caused increasing pressure on domestic sales.Asian Metal Copyright Chinese steel mills had to cut wire rod and rebar export prices to attract orders from overseas market.Asian Metal Copyright Anyhow, steel mills were relatively active in production long steels as flat steel prices decreased faster this month.

    In the international market, wire rod and rebar prices in Malaysia and India went down in the first half of this month due to the reducing demand and they were weakly stable in the second half when their government locked down the countries. Chinese steel mills had to cut wire rod and rebar export prices to attract orders from overseas market.
    .Asian Metal Copyright Asian Metal Copyright
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