China’s wire rod export prices fall after weak domestic market forces mills to look abroad

摘要

China’s wire rod export prices have fallen sharply over the past weekwith mills attempting to sell more of their products abroad.Metal Bulletin’s assessment of prices for February shipments ofchromium-added mesh-quality wire rod was $568-575 per tonnefob for the week ended Tuesday January 2, down $35-37 per tonnefrom a week earlier.China’s domestic wire rod prices have fallen to low levels in the lastcouple of weeks amid weak demand, which led mills to focus moreof their attention to the export market, sources said.