According to market sources, rebar offers from East Asian countries, including China, and the Pacific region to Southeast Asia are at the average level of $350/mt CFR, while Chinese rebar offers to the region on FOB basis are in the range of $305-315/mt.
Meanwhile, wire rod offers from East Asian countries, including China, and the Pacific region to Southeast Asia are at the average level of $355/mt CFR, while Chinese wire rod offers to the region on FOB basis are in the range of $320-330/mt.
The above prices from East Asian countries, including China, and the Pacific region to Southeast Asia have declined by $5/mt week on week.