Chinese wire rod offers to the US have increased by $10 /mt since last week, now ranging from $570 /mt to $580 /mt CFR FO 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 $595 /mt to $605 /mt CFR FO in US Gulf ports.