Ex-China rebar and wire rod offers to Southeast Asia increase further

SteelOrbis has learned that the prices of Chinese origin 18 mm HRB 335 boron-added rebar for Southeast Asia have increased by $30/mt as compared to two weeks ago to $585/mt FOB, including 13 percent export tax rebate, on actual weight basis, for payments via letter of credit and for late January shipment.
 
Meanwhile, the prices of Chinese origin 6.5 mm low carbon boron-added wire rod for Southeast Asia have also moved up by $30/mt over the same period and are now at $580/mt CFR, including 17 percent VAT, on actual weight basis, for payments via letter of credit and for end of January shipments.