Wire Rod and Rebar Market Report June 2013
2013-07-02 08:59:38 【Print】
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The domestic wire rod and rebar market did not make any progress with prices keeping the downward trend in June. Although prices of raw materials showed some clues of rebounding, the finished steel market was not encouraged due to the continuously soft demand from downstream industries. The oversupply of crude steel is still serious, so insiders predict that prices of wire rod and rebar will go down further in July, which is still the traditional slow season.
