Offering prices for boron-added rod from Chinese mills for the US have decreased by approximately $80 /mt in the last week, with the most competitive offers now ranging from $740/mt to $750/mt CFR FO in US Gulf ports. However, there is a very wide range of prices being offered from one mill to the next.
Import wire rod offering prices for the US from Turkish mills dropped by approximately $60/mt last week, with the most competitive offers late last week ranging from approximately $720/mt to $740/mt CFR FO in US Gulf ports. However, these offers can also vary widely from mill to mill. These offers from late last week are the latest offered since Turkish mills are on holiday this week for Ramadan and will not be back in the market until next week.