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 Nov 2019
2019-12-12 09:23:49 【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
In November, wire rod and rebar market in most Chinese markets went up gradually, benefiting from the rise in the futures market. Stocks were consumed fast when prices rebounded. Prices in southern parts of China increased much more than those in northern parts, causing enlarged prices gap, which would accelerate delivery from northern to southern parts of China in the coming month. Steel mills' profit went up this month and became more active in production.
In the international market, steel mills in Malaysia remained relatively firm and those in India moved up slightly after the government tried to push local economy. Steel mills in China lifted wire rod and rebar export prices significantly on sharp rise in domestic market but received resistance from overseas customers.
.
In November, wire rod and rebar market in most Chinese markets went up gradually, benefiting from the rise in the futures market. Stocks were consumed fast when prices rebounded. Prices in southern parts of China increased much more than those in northern parts, causing enlarged prices gap, which would accelerate delivery from northern to southern parts of China in the coming month. Steel mills' profit went up this month and became more active in production.
In the international market, steel mills in Malaysia remained relatively firm and those in India moved up slightly after the government tried to push local economy. Steel mills in China lifted wire rod and rebar export prices significantly on sharp rise in domestic market but received resistance from overseas customers.
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