China holiday steadies wire rod import prices

Feb 06, 2014 | 06:31 PM | Stacy Irish

Tags  wire rod, wire rod prices, Chinese New Year, wire rod imports, Stacy Irish

NEW YORK — Wire rod import prices to the United States remain unchanged due to the Chinese New Year holiday, which has kept mill and trader sources out of the market.

"It’s the Chinese New Year and the market is closed. I’m looking for offers from China, but they’re out of the market," a Midwest distributor source said.....

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