After Lunar new year holiday, wire rod price , ore, copper , stainless steel rising more than 10% in China market.
Wire rod price rising from CNY 3800 to 4250/ton today, so crazy.
There 's two reason deal to the wire rod high rise.
1. Ore rise in international market , such as Austrilia
2. China government decide reduce the steel mill production ability, close some steel mill to protect the enviromental.
It's a best time to import ?
I think yes. But pls make sure sign contract as FOB , because of sea freight from China to most of port is too high, that's a big risk for each other.
If you need wire and wire mesh products pls contact us.