As the National Day is coming, most of cored wire manufacturers in north area have completed stocking up and have stopped production in succession. The downstream demand for cored wire is still in weak and stable state and there is no obvious price fluctuation...
As the 70th anniversary celebration of the founding of the People’s Republic of China, in order to ensure the environment and reduce air pollution as much as possible, the cored wire enterprises in northern area have reduced or suspended production in success...
Lately, the price of cold rolled strip steel, the raw material of cored wire, continued dropping after being stable for several days, it dropped by 20 yuan per ton yesterday and by 20 yuan per ton today again, of which Q195 0.35*55 dropped from 4,450-4,470 yua...