• Met. Coke A 13%max, S 0.7%max EXW Shanxi(50)  04-17|Met. Coke A 13%max, S 0.7%max EXW Hebei(50)  04-17|Met. Coke A 13%max, S 0.7%max EXW Shandong(50)  04-17|Mercury Metal 99.9%min Ex-VAT EXW China(30)  04-17|Lithium Cobaltate Co 60%min Delivered China(-5)  04-17|Mercury Metal 99.999%min Ex-VAT EXW China(30)  04-17|Coking Coal A 10.5%max, S 0.8%max EXW Shanxi(50)  04-17|Coking Coal A 10%max, S 0.8%max EXW Hebei(50)  04-17|Coking Coal A 10%max, S 0.8%max EXW Henan(50)  04-17|Copper Conc. TC 25%min CIF China(-1)  04-17|Iron Ore Fine Australian 62%min CNF China(-2.5)  04-17|Pet Coke S 3%max EXW China(30)  04-17|Tin Ingot 99.9%min EXW China(-5000)  04-17|Tin Solder Wire Sn 99%min, Cu 0.7%max EXW China(-5)  04-17
  • Monthly Wire Rod and Rebar Market Report Oct 2021

    2021-11-09 17:26:36   【Print】
    The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
    Please contact us for a subscription.
    1. Market Highlights

    Discouraged by the weakening demand from downstream industries and the government's measures on pushing down raw materials' prices, wire rod and rebar prices in Chinese major markets dropped about RMB400/t (USD63/t) and RMB500/t (USD78/t) respectively this month. The markets cooled down gradually and traders promoted sales by cutting prices one after another, losing confidence in the coming market.Asian Metal Copyright1.Asian Metal Copyright Stocks kept going up, bringing much pressure to steel mills, which began to bear losses by the end of the month.Asian Metal Copyright However, the export prices did not fall as much as domestic prices did as overseas market prices kept firm.Asian Metal Copyright Due to the price decline in domestic market, Chinese exporters had to cut prices accordingly.Asian Metal Copyright .Asian Metal Copyright However, the export prices did not fall as much as domestic prices did as overseas market prices kept firm.

    In the international market, wire rod and rebar prices in some Asian countries such as Malaysia and India moved up supported by the demand recovery and reduced supply due to increasing export.

    .Asian Metal Copyright Stocks kept going up, bringing much pressure to steel mills, which began to bear losses by the end of the monthAsian Metal Copyright
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