• Copper Conc. TC 25%min CIF China(-1)  06-13|Ferro-silicon 72%min EXW China(-200)  06-13|Coal Tar Pitch Coking Value 53%min EXW China(-140)  06-13|Silico-manganese 60/14 EXW China(-200)  06-13|Indium Ingot 99.995%min Delivered US(10)  06-13|Met. Coke A 13%max, S 0.7%max EXW Shanxi(-50)  06-13|Indium Ingot 99.995%min Delivered Europe(10)  06-13|Spodumene Li2O 6%min CIF China(-30)  06-13|Met. Coke A 13%max, S 0.7%max EXW Hebei(-50)  06-13|Met. Coke A 13%max, S 0.7%max EXW Shandong(-50)  06-13|Coking Coal A 10.5%max, S 0.8%max EXW Shanxi(-50)  06-13|Zinc Conc. TC 50% CIF China(-0.7)  06-13|Aluminum Hydroxide 64.5%min EXW China(50)  06-13|Antimony Ingot 99.65%min FOB China(500)  06-13
  • Monthly Wire Rod and Rebar Market Report Oct 2022

    2022-11-08 17:44:24   【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

    Since the demand from downstream industries failed to pick up as expected, wire rod and rebar prices in Chinese major regions declined by around RMB200/t (USD28/t) in October. Pessimism spread across the market and steel mills lost confidence in the coming market, cutting production one after another to reduce losses.Asian Metal Copyright1.Asian Metal Copyright Due to the depreciation of Chinese yuan and weakening demand from overseas market, wire rod export prices from China fell further this month.

    In the international market, wire rod and rebar prices in some Asian countries such as Malaysia and India showed some signs of weakening regardless of the firm prices of raw materials. Demand from downstream industries continued to stay weak.

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