According to market sources, prices in the Qatari domestic wire rod market are currently at QAR 1,645-1,695 ($452-467/mt) delivered. Market sources remark that wire rod demand in the Qatari domestic market is quite low and is not expected recover in the short term.
Meanwhile, Chinese suppliers' chrome-added wire rod offers to Qatar are at $390/mt CFR, while Chinese boron-added wire rod quotations to the same destination are at $420/mt CFR. However, only a few buyers are interested in these offers.
$1 = QAR 3.64