DAILY: Shanghai Drawing Wire Rod Prices Inch Up According to SteelHome survey, drawing wire rod prices rose by 20 yuan/t in Shanghai. Although rebar futures price went down, however, the local stockpiles for drawing wire rod still remained low. Moreover, boosted by the price increase of billet and drawing wire rod in the northern market, local distributors tentatively raise their offers. Subscribe SteelHome website to find more China Iron/Steel market information you're interested in.
