8th World Antimony Forum
TBD
Guiyang, Guizhou, China
12th Rare Earth Summit
TBD
Hangzhou, Zhejiang, China
11th Aluminum Raw Materials Summit
TBD
Hangzhou, Zhejiang, China
9th Magnesium Summit
TBD
Hangzhou, Zhejiang, China
13th World InBiGeGa Forum
TBD
Hangzhou, Zhejiang, China
7th World Antimony Forum
June 13-14, 2019
Changsha, Hunan, China
7th Refractory & Abrasive Materials Summit 2019
May 23-24, 2019
Qingdao, Shandong, China
10th Aluminum Raw Materials Summit
May 16-17, 2019
Zhengzhou, Henan, China
11th Rare Earth Summit
May 9-10, 2019
Qingdao, Shandong, China
8th Magnesium Summit
April 11-12, 2019
Zhuhai, Guangdong, China
12th World InBiGeGa Forum
March 14-15, 2019
Zhuhai, Guangdong, China
Monthly Wire Rod and Rebar Market Report Jun 2019
2019-07-03 14:02:01 【Print】
The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
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1. Market Highlights
Prices of wire rod and rebar in Chinese leading markets kept falling down in the first half of June, discouraged by the shrinking demand from downstream industries. They showed sharp rebound in the second half of the month, supported by the cooling down of tension between China and the U.S. and the pollution curbs in North China. Wire rod prices rebounded much sharply than rebar prices did as wire rod stocks were much lower than those of rebar. The demand from downstream industries remained weak in the low season, so there was little improvement for the market transaction after prices went up fast. In the international market, prices of wire rod and rebar in Malaysia went down gradually after the Ramadan holiday, when the demand from downstream consumers kept sluggish. Insiders think prices of wire rod and rebar in Chinese market will fall down slightly in the coming month on sufficient supply and weak demand.
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Prices of wire rod and rebar in Chinese leading markets kept falling down in the first half of June, discouraged by the shrinking demand from downstream industries. They showed sharp rebound in the second half of the month, supported by the cooling down of tension between China and the U.S. and the pollution curbs in North China. Wire rod prices rebounded much sharply than rebar prices did as wire rod stocks were much lower than those of rebar. The demand from downstream industries remained weak in the low season, so there was little improvement for the market transaction after prices went up fast. In the international market, prices of wire rod and rebar in Malaysia went down gradually after the Ramadan holiday, when the demand from downstream consumers kept sluggish. Insiders think prices of wire rod and rebar in Chinese market will fall down slightly in the coming month on sufficient supply and weak demand.
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