• Ferro-molybdenum 60%min EXW China(10000)  02-03|Molybdenum Conc. 45%min EXW China(150)  02-03|Calcium Ingot Reductive 98%min EXW China(-500)  02-03|Cobalt Oxide 72%min Delivered China(-5)  02-03|Ferro-molybdenum 60%min In warehouse Russia(90)  02-03|Molybdenum Oxide 50%min EXW China(150)  02-03|Silico-chrome Si 42%min, Cr 30%min EXW China(300)  02-03|Ammonium Tetrathiomolybdate 56%min EXW China(9000)  02-03|Sodium Molybdate 99%min EXW China(6000)  02-03|Ammonium Heptamolybdate 54%min EXW China(9000)  02-03|Ferro-molybdenum 60%min Delivered India(110)  02-03|Cobalt Metal 99.8%min In warehouse Rotterdam(-0.5)  02-03|Lithium Cobaltate Co 60%min Delivered China(-11)  02-03|Molybdenum Oxide 57%min CIF China(0.9)  02-03
  • Monthly Wire Rod and Rebar Market Report May 2022

    2022-06-10 09:17:16   【Print】
    The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
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    1. Market Highlights

    Due to the weakened demand from downstream industries under epidemics and decreased prices of raw materials, wire rod prices in major Chinese regions went down by RMB200-300/t (USD30-45/t) in May. Inventories in most regions kept going up and some steel mills had to cut production due to the deficit. Discouraged by lower prices in Chinese domestic market and softening demand from overseas market, wire rod and rebar export went down by around USD40/t this month but offers from China remained not attractive in the international market.

    In the international market, wire rod and rebar prices in some Asian countries such as Malaysia and India declined further due to lower prices of raw materials and softening demand from downstream industries.

    .Asian Metal Copyright Inventories in most regions kept going up and some steel mills had to cut production due to the deficitAsian Metal Copyright
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