Monthly Wire Rod and Rebar Market Report Sep 2017
2017-10-19 09:38:48 【Print】
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Wire rod and rebar prices in major markets of China saw a downward trend during this month due to lower raw material costs and weak customer demand
. Customers without urgent need for materials were expecting the price to drop further and placing orders sparingly . Because of the environmental protection inspection, some steel mills had to reduce or quit production and the supply for construction steels decreased . Insiders do not suppose prices for wire rod and rebar will go up in the coming month.