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    Monthly Wire Rod and Rebar Market Report Nov 2022

    2022-12-08 13:53:01   【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

    Supported by higher prices of raw materials but limited demand from downstream industries, wire rod and rebar prices in Chinese major market went up slightly this month. Wire rod prices increased more than rebar prices did as the supply for wire rod became tight gradually.Asian Metal Copyright Market Highlights Supported by higher prices of raw materials but limited demand from downstream industries, wire rod and rebar prices in Chinese major market went up slightly this month.Asian Metal Copyright Supported by the appreciation of Chinese yuan, wire rod and rebar export prices showed some signs of moving up.Asian Metal Copyright However, the demand from overseas buyers remained weak.Asian Metal Copyright However, the demand from overseas buyers remained weak.

    In the international market, wire rod and rebar prices in some Asian countries such as Malaysia and India showed some signs of weakening upon soft demand from downstream industries. Prices in India showed some rebounds in the middle of this month after the export tariff was removed.

    .Asian Metal Copyright1Asian Metal Copyright
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