• Met. Coke A 13%max, S 0.7%max EXW Shanxi(50)  04-23|Tin Conc. Burmese 20%min In warehouse MengA(-7000)  04-23|Tin Conc. Burmese 30%min In warehouse MengA(-7000)  04-23|Indium Ingot 99.995%min Delivered US(7)  04-23|Met. Coke A 13%max, S 0.7%max EXW Hebei(50)  04-23|Met. Coke A 13%max, S 0.7%max EXW Shandong(50)  04-23|Ferro-silicon 75%min In warehouse Pittsburgh(0.03)  04-23|Indium Ingot 99.995%min Delivered Europe(7)  04-23|Indium Ingot 99.995%min EXW China(60)  04-23|Indium Ingot 99.995%min FOB China(8)  04-23|Tin Conc. 60%min Delivered China(-7000)  04-23|Mercury Metal 99.9%min Ex-VAT EXW China(30)  04-23|Mercury Metal 99.999%min Ex-VAT EXW China(30)  04-23|Coking Coal A 10.5%max, S 0.8%max EXW Shanxi(50)  04-23
  • Monthly Wire Rod and Rebar Market Report Apr 2022

    2022-05-11 09:01:12   【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 softening demand from downstream industries under epidemics and lower prices of raw materials, wire rod prices in major Chinese regions went down by around RMB80/t (USD12/t) in April. Prices of rebar went up slightly by around RMB40/t (USD6/t) during the same time, supported by reduced supply, as most steel mills remained inactive in rebar production for scarce profit. Because RMB depreciated obviously and the demand in domestic market remained dim, wire rod and rebar export went down by around USD30/t this month.

    In the international market, wire rod and rebar prices in some Asian countries such as Malaysia and India went to the downward trend after the sharp surge in the previous month, discouraged by softening demand from downstream industries.

    .Asian Metal Copyright Because RMB depreciated obviously and the demand in domestic market remained dim, wire rod and rebar export went down by around USD30t this monthAsian Metal Copyright
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