China’s wire rod exports fall 91 percent in June

Wednesday, 29 July 2009 10:15:47 (GMT+3)   |  
       

China's wire rod exports in June totaled 89,600 mt, down 518,500 mt or 85.26 percent year on year, totaling $45 million in value, down $474 million or 91.34 percent compared with the same period last year. The average wire rod export price was $501.63/mt. Total exports in January-June reached 374,500 mt, down 2.0334 million mt or 84.45 percent, amounting to $197 million in value, down $1.649 billion or 89.32 percent year on year.

Wire rod imports in June amounted to 41,000 mt, down 2,700 mt or 4.08 percent year on year, totaling a value of $40 million, down $20 million or 33.04 percent compared with the same period last year. The average wire rod import price was $977.49/mt. Total imports in January-June reached 194,100 mt, down 79,900 mt or 29.16 percent, amounting to $208 million in value, down $113 million or 35.31 percent year on year.


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