Chinese wire rod offering prices for the US have increased by $5 /mt since last week, with most offers now ranging from $595 /mt to $605 /mt CFR FO in US Gulf ports. Imports of 5.5 mm are restricted and carry extras.
Offers for drawing quality import wire rod still range from $625 /mt to $635 /mt CFR FO in US Gulf ports.
Turkish wire rod offering prices for the US have increased by $5 /mt since last week, with offers now ranging from $630 /mt to $640 /mt CFR FO in US Gulf ports.