stable trend. At present, boron-added
rebar offers to Southeast Asia given by Chinese suppliers are at $255-265/mt FOB, while boron-added
wire rod offers from Chinese suppliers to the same destination are at $265-275/mt FOB.
With the approach of the Chinese New Year holiday (February 8-14), Chinese steelmakers and traders have kept their export prices stable. It is expected that
rebar and
wire rod export offer prices from
China will continue their stable trend in the remaining days ahead of the holiday, while it is thought that
rebar and
wire rod export offer prices from
China will likely edge up after the holiday as most participants are bullish on the future prospects for the market.