Asian wire rod prices lifted by rising Chinese marketAsian wire rod prices rose week on week Wednesday, mainly driven by higher offers from

摘要

Chinese mills as sentiment in the domestic market improved.S&P Global Platts assessed SAE1008 6.5 mm diameter mesh-quality rod at $488/mt FOBChina Wednesday, up $9/mt week on week. In Shanghai's retail market, spot Q195 6.5mm wire rod was assessed at Yuan 3,750/mt ($553/mt) ex-works, including 16% valueaddedtax, up Yuan 50/mt week on week.