SteelOrbis has learned that import wire rod offers for the US from Turkish mills have increased by approximately $50 /mt in the last week, with most offers now ranging from approximately $1,290 /mt to $1,300 /mt CFR FO in US Gulf ports.
Wire rod offering prices for the US from Chinese mills have not changed since last week, with most offers still ranging $1,040 /mt to $1,050 /mt CFR FO in US Gulf ports. The usual size and grade restrictions apply.