• 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 Dec 2021

    2022-01-06 09:34:02   【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 weakening demand from construction sites, prices of wire rod and rebar in Chinese major markets went down by around RMB100/t (USD16/t) in December. The price rise of raw materials like iron ore fines failed to pull wire rod and rebar prices up upon slow market performance.Asian Metal Copyright1.Asian Metal Copyright Stocks in major markets remained at relatively low levels due to the production cut in past months.Asian Metal Copyright1.Asian Metal Copyright However, steel mills showed little optimism for the coming market as the demand would shrink further when the lunar New Year approaches.

    In the international market, wire rod and rebar prices in some Asian countries such as Malaysia and India went down further this month due to softening demand from downstream industries and lower offers of imported materials.

    .Asian Metal Copyright Stocks in major markets remained at relatively low levels due to the production cut in past monthsAsian Metal Copyright
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