Monthly Wire Rod and Rebar Market Report Aug 2024
2024-09-13 08:24:08 【Print】
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Prices of wire rod and rebar in major regions of China moved down in the first half of this month on weak demand and the price decrease in futures, and they rebounded a little bit in the second half mainly supported by the price increase in futures market. Besides, Chinese export prices of wire rod and rebar went down further during the month due to the price decrease in domestic market.
In the international market, prices of wire rod and rebar in Malaysia, Thailand, India and Vietnam dropped during the month on soft demand and decreased raw material prices.
In the international market, prices of wire rod and rebar in Malaysia, Thailand, India and Vietnam dropped during the month on soft demand and decreased raw material prices.
