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United States wire rod prices hold steady-- The 18th China(Guangzhou) Int’l Plate metal, Bar, Wire, Metal Processing &Setting Equipment Exhibition
11/8/2016 -plate metal expo |
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Although United States wire the buyer still have enough imports quota and future quotations. Domestic procurement is still stable but is not optimistic. However, scrap steel prices are expected to rise this month, which will improve some confidence for the market, so stock prices may also stop falling.
Last week United States domestic steel price increases have been absorbed by the market, but considering the weak demand, United States wire rod markets are unlikely to be the same situation.
-- The 18th China(Guangzhou) Int’l Plate
metal, Bar, Wire, Metal Processing &Setting Equipment Exhibition
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