• Met. Coke A 13%max, S 0.7%max EXW Shanxi(50)  04-17|Met. Coke A 13%max, S 0.7%max EXW Hebei(50)  04-17|Met. Coke A 13%max, S 0.7%max EXW Shandong(50)  04-17|Mercury Metal 99.9%min Ex-VAT EXW China(30)  04-17|Lithium Cobaltate Co 60%min Delivered China(-5)  04-17|Mercury Metal 99.999%min Ex-VAT EXW China(30)  04-17|Coking Coal A 10.5%max, S 0.8%max EXW Shanxi(50)  04-17|Coking Coal A 10%max, S 0.8%max EXW Hebei(50)  04-17|Coking Coal A 10%max, S 0.8%max EXW Henan(50)  04-17|Copper Conc. TC 25%min CIF China(-1)  04-17|Iron Ore Fine Australian 62%min CNF China(-2.5)  04-17|Pet Coke S 3%max EXW China(30)  04-17|Tin Ingot 99.9%min EXW China(-5000)  04-17|Tin Solder Wire Sn 99%min, Cu 0.7%max EXW China(-5)  04-17
  • Monthly Wire Rod and Rebar Market Report Jul 2022

    2022-08-12 09:22:50   【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

    Amid weak demand from downstream industries and weakened confidence from suppliers, prices for wire rod and rebar in Chinese major markets continued on the sharp decline in early July. After the total decline of nearly RMB1,000/t (USD148/t) combining that in June, prices began to stabilize in the middle of July.Asian Metal Copyright After the total decline of nearly RMB1,000t USD148t combining that in June, prices began to stabilize in the middle of July.Asian Metal Copyright Supported by rising prices of raw materials, wire rod and rebar prices showed slight rebound in late July. As a consequence, they totally went down by RMB300-400/t (USD44-59/t) this month compared with last month.Asian Metal Copyright Steel mills lost confidence in the coming market and reduced production in successions.Asian Metal Copyright Steel mills lost confidence in the coming market and reduced production in successions. Discouraged by lower prices in Chinese domestic market and softening demand from overseas market, wire rod and rebar export went down by USD60-70/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 Discouraged by lower prices in Chinese domestic market and softening demand from overseas market, wire rod and rebar export went down by USD60-70t this monthAsian Metal Copyright
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