Domestic Normal Wire Rod Market / Imports of Wire Rods Made in China Increasing Again / Imports in January-June More than Doubled from Same Period of Previous Year / Growing Concerns Over Arrivals of Low-priced Products

摘要

Imports of normal wire rods from China are increasing again. This has been caused by the slow recovery of China’s domestic demand, which has lead to surplus inventory remaining in the Chinese market being exported to Japan. Although market prices of wire rods in China have started to show signs of hitting rock bottom and moving toward rebounding, it is expected that the arrival of low-priced imported materials will continue for the foreseeable News Interview Commentary Reportage My page Log Outfuture. Companies with close ties to Japan’s wire rod market are carefully monitoring the import trends.