In the Pakistani long steel market, Chinese
wire rod offers, which have generally been higher as compared to other import offers for quite some time, have lately indicated a further strengthening. SteelOrbis has learned that ex-
China boron-added mesh quality
wire rod offers to
Pakistan are standing at $740-745/mt CFR Karachi, on actual weight basis and for May shipments.
On the other hand, SteelOrbis has further learned that ex-
CIS low carbon
wire rod offers to
Pakistan for late May shipments are priced slightly higher as compared to the abovementioned price range.