Chinese wire rod offers to the US have increased by $10 /mt since last week, now ranging from $555 /mt to $565 /mt in US Gulf ports. Imports of 5.5 mm are restricted and carry extras.
Offers for drawing quality import wire rod have also increased by $10 /mt since last week, and now range from $575 /mt to $585 /mt CFR FO in US Gulf ports.