Wire Rod and Rebar Market Report May 2015
2015-06-04 17:34:45 【Print】
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The construction steel market in China continued to run slowly, with prices falling in leading markets in May. Steel mills cut ex-works prices for wire rod and rebar during the month, influenced by weakened support from production costs
. The demand from downstream consumers was rather stagnant during this time . Insiders predict that prices for construction steels will continue on a downward trend in June.