• 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 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.
    Please contact us for a subscription.
    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 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 industriesAsian Metal Copyright
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