• 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 Nov 2021

    2021-12-10 09:30:30   【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

    Due to the decreased prices of raw materials like iron ore fines and coke, as well as weak demand from downstream industries, prices of wire rod and rebar in Chinese leading markets fell by RMB500-600/t (USD79-95/t) in the month. Most traders and downstream customers remained reluctant to hold stocks after the sharp price decline in recent two months.Asian Metal Copyright In the international market, wire rod and rebar prices in some Asian countries such as Malaysia and India went down continuously this month due to reduced export and increased supply in local markets when prices from China became more competitive.Asian Metal Copyright Steel mills especially those in northern parts of China became active in exporting to release some sales pressure.Asian Metal Copyright1.Asian Metal Copyright The export prices went down obviously this month, following the sharp decline in domestic market.Asian Metal Copyright1.Asian Metal Copyright However, overseas customers showed cautious attitudes when prices did not get rid of the downward trend.

    In the international market, wire rod and rebar prices in some Asian countries such as Malaysia and India went down continuously this month due to reduced export and increased supply in local markets when prices from China became more competitive.

    .Asian Metal Copyright However, overseas customers showed cautious attitudes when prices did not get rid of the downward trendAsian Metal Copyright
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