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wiredInUSA - September 2016
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Chinese chrome-based wire rod export
prices increased by $10 per ton to
$355-$365 per ton FOB in the first half of
August. The price increment is said to be
due to the upward trend in billet prices as
well as an increase in local demand for
long products.
Meanwhile, the demand for wire rod in
the Middle East is slow. Chinese wire rod
import offers are in the range of $375-$385
per ton, but Middle East companies are
not buying at this price level as local
producers are offering competitive prices.
UAE producers are offering wire rod in the
range of $420-$440 per ton delivered, while
Saudi producer Hadeed has decreased
wire rod prices by $107 to $480 per ton
delivered.
Turkish exporters are offering wire rod at
about $400-$410 per ton FOB.
While the general feeling is of falling
prices, many buyers are maintaining a low
inventory to avoid losses.
Wire rod prices
Sumitomo Electric Industries Ltd has
released a new optical fiber cleaver, the
FC-8R series. The FC-8R series features
an auto-rotating blade, and a digital
cleave counter that displays the number
of cleaves performed. A clear numerical
display assists in determining the right time
to change the blade.
While its predecessor, the FC-7R series,
was capable of performing cleaves for up
to 8 fiber ribbons, the new FC-8R series can
handle up to 12 fiber ribbons, is 25 percent
lighter and is designed to be easier to use.
Easier cleaving