Wire Rod and Rebar Market Report March 2012
2012-04-01 08:55:46 【Print】
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Prices of wire rod and rebar in most domestic markets moved up slightly, supported by increasing raw materials
. However, the demand remained soft and buyers were unlikely to purchase in large quantities . Besides, the national daily crude steel output increased by 13 . 08% month-on-month till the middle of March and most traders’ inventories were at high levels . Insiders predict that prices of wire rod and rebar are hard to change next month.