Chinese wire rod export offer prices slightly increased this week, but trading re- mained limited on sluggish demand and tough competition in the major foreign sales markets of SE Asia. The biggest Northern mills, Beitai Steel and Yingkou Steel, pushed their offer pric- es by $5/t to $550/t FoB over the week. However, “all the leading producers still can accept a bid at around $540/t FoB,” a major Chinese trader told Metal Expert. The main reason for lifting the price was better local demand. Steelmakers signif- icantly improved their domestic sales recently, although their quotes added just RMB 14/t ($2/t) on average, mainly because of sharp production rise, which curbed market price growth.
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机译:中国钢丝棒出口报价本周略有增加,但贸易重新进入亚洲亚洲主要外国销售市场的缓慢需求和艰难竞争。 最大的北部磨坊,北岛钢铁和营口钢铁,在本周将其提供5美元/吨至550美元/吨。 然而,“所有领先的生产者仍然可以接受大约540美元/ T FOB的投标,”中国主要的贸易商告诉金属专家。 提升价格的主要原因是更好的当地需求。 钢铁制造商最近立即显着提高了国内销售,虽然他们的报价平均增加了人民币14美元(2美元/ T),主要是由于富裕的产量增长,这是抑制市场价格增长。
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