Offering prices for boron-added rod from Chinese mills for the US have decreased by approximately $20 /mt in the last week, with most offers now ranging from $1,020 /mt to $1,030 /mt CFR FO in US Gulf ports. This price range does not include the possible tax change for these products, which could take place as soon as September 1.
Import wire rod offering prices for the US from Turkish mills have dropped by about $10 /mt in the last week, and now range from approximately $1,070 /mt to $1,080 /mt CFR FO in US Gulf ports.