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United States wire rod market prices remain stable-The 18th China(Guangzhou)Int’l Spring Industry Exhibition
8/16/2016 弹簧展- -全球最大弹簧展会- Spring Industry Exhibition |
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While the United States domestic wire rod market demand remained weak, but with domestic scrap prices stabilized as well as spot prices. Although many expected scrap prices would decline slightly, but it did not show the slightest sign of fluctuation in the Midwest.
Market participants pointed out that scrap will soon clear to remain stable, would hold United States wire prices to fall further, but steel mills may be used for this reason to hike prices.
Recently on the specific customer''s trading price range is no longer attractive, but be sure scrap prices remain steady in August, the possibility of falling prices is close to zero.
-The 18th China(Guangzhou)Int’l Spring Industry
Exhibition
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