Monthly Wire Rod and Rebar Market Report Feb 2024
2024-03-13 08:24:17 【Print】
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Prices of wire rod and rebar in major regions of China saw a downward trend during the month on weak demand and the price decrease in futures market
In the international market, prices of wire rod and rebar in Malaysia and India moved down during the month due to customers' slow buying activities and decreased raw material prices, while those in Thailand and Vietnam went up mainly supported by high prices of steel mills.
. Besides, Chinese export prices of wire rod and rebar went down during the month because of the price decrease in domestic market.In the international market, prices of wire rod and rebar in Malaysia and India moved down during the month due to customers' slow buying activities and decreased raw material prices, while those in Thailand and Vietnam went up mainly supported by high prices of steel mills.