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United States wire rod market remains steady-The 18th China(Guangzhou)Int’l Spring Industry Exhibition 8/23/2016 弹簧展- -全球最大弹簧展会- Spring Industry Exhibition |
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Last week United States domestic wire rod market demand remained steady due to scrap steel prices remained flat. Most steel mills have cancelled the transactions which were lower than the spot prices range.
Currently, the trading activities for the summer still remained downturn trend and the steel prices without much response from buyers. But once the trading activity to rebound in next month, even though scrap prices remained stable, buyers would also take advantage of low prices discussion.
-The 18th China(Guangzhou)Int’l Spring
Industry Exhibition
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