Monthly Wire Rod and Rebar Market Report Feb 2023
2023-03-10 14:17:35 【Print】
The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
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1. Market Highlights
Wire rod and rebar prices in Chinese major markets recorded an up-and-down trend this month but did not show big changes compared with one month ago. On one hand, prices of raw materials remained high and steel mills faced much pressure from cost; on the other hand, the demand from downstream clients picked up more slowly than expected, Wire rod and rebar export prices from China did not show big changes either this month.
In the international market, wire rod and rebar prices in some Asian countries such as Malaysia and India went up slightly this month. The limited demand from downstream clients restricted prices from going up firmly.
Wire rod and rebar prices in Chinese major markets recorded an up-and-down trend this month but did not show big changes compared with one month ago. On one hand, prices of raw materials remained high and steel mills faced much pressure from cost; on the other hand, the demand from downstream clients picked up more slowly than expected, Wire rod and rebar export prices from China did not show big changes either this month.
In the international market, wire rod and rebar prices in some Asian countries such as Malaysia and India went up slightly this month. The limited demand from downstream clients restricted prices from going up firmly.
