Wire Rod and Rebar Market Report May 2016
2016-06-01 09:08:03
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In May, prices of wire rod and rebar continued to move down after they touched peak levels in late April and recorded a month-on-month decrease of 15%-20% due to the bad market performance.Asian Metal CopyrightIn May, prices of wire rod and rebar continued to move down after they touched peak levels in late April and recorded a month-on-month decrease of 15%-20% due to the bad market performance.Asian Metal Copyright Prices went back to the level at the beginning of April or even lower than the level a month ago.Asian Metal Copyright Insiders predict that prices for wire rod and rebar are likely to fluctuate and generally decline in the coming month.Asian Metal Copyright However, the buying activity failed to increase after prices fell down so much.Asian Metal CopyrightIn May, prices of wire rod and rebar continued to move down after they touched peak levels in late April and recorded a month-on-month decrease of 15%-20% due to the bad market performance.Asian Metal Copyright In addition, it will be the traditional low season for steel consumption in June.Asian Metal Copyright Insiders predict that prices for wire rod and rebar are likely to fluctuate and generally decline in the coming month.Asian Metal Copyright Insiders predict that prices for wire rod and rebar are likely to fluctuate and generally decline in the coming month.
.Asian Metal Copyright In addition, it will be the traditional low season for steel consumption in JuneAsian Metal Copyright
