Chinese wire rod offer to Middle East

Monday, 29 January 2007 09:39:45 (GMT+3)   |  
A Chinese trader has offered A36 1010 grade wire rods for export to the Middle East at $430-440/mt FOB Tianjin for 8 mm diameter, and at $410-420/mt FOB Tianjin for 12 mm diameter, on actual weight basis via at sight payment by letter of credit for April shipment. As the sales prices for wire rods in China have shown upward movement recently, quotations to other countries have been rising slightly compared with the previous week.

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