• 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|Ferro-molybdenum 60%min Delivered India(110)  02-03|Ammonium Heptamolybdate 54%min EXW China(9000)  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 Jun 2022

    2022-07-12 14:25:38   【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

    As the demand from downstream industries failed to pick up as expected, most traders and steel mills for wire rod and rebar lost confidence in the coming market gradually and promoted sales by cutting prices sharply this month. Prices for wire rod and rebar in major markets dropped by RMB400-500/t (USD60-75/t) in June.Asian Metal Copyright In the international market, wire rod and rebar prices in some Asian countries such as Malaysia and India continued on the decline due to lower prices of raw materials and softening demand from downstream industries.Asian Metal Copyright However, stocks kept running high 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 USD100/t this month.

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

    .Asian Metal Copyright However, stocks kept running high and some steel mills had to cut production due to the deficitAsian Metal Copyright
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