• Cobalt Conc. 6-8% CIF China(-0.4)  08-08|Medium Plate Q235B 10mm In warehouse Guangzhou(130)  08-08|Nickel Cathode 99.96%min EXW China(-5400)  08-08|Nickel Cathode Norilsk 99.96%min In port China(-5400)  08-08|Holmium Oxide 99.5%min EXW China(-30)  08-08|Iron Ore Fine Australian 58% In port China(20)  08-08|Ferro-chrome Indian Cr 58%min, C 8%max CIF China(-0.03)  08-08|Ferro-chrome S.A. Cr 50%min, C 8%max CIF China(-0.03)  08-08|Ferro-holmium 80% EXW China(-30)  08-08|Steel Scrap HMS 8mm min EXW Wuxi(80)  08-08|Iron Ore Fine Brazilian 65%min In port China(25)  08-08|Iron Ore Lump Australian 62%min In port China(25)  08-08|Medium Plate Q235B 16mm In warehouse Guangzhou(120)  08-08|Iron Ore Fine 65%min EXW Benxi(-25)  08-08
  • 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 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 Stocks kept going up, bringing much pressure to steel mills, which began to bear losses by the end of the month.Asian Metal Copyright .Asian Metal Copyright Due to the price decline in domestic market, Chinese exporters had to cut prices accordingly.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.

    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 However, the export prices did not fall as much as domestic prices did as overseas market prices kept firmAsian Metal Copyright
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