SteelOrbis has learned from market sources that, after stepping back from the US
wire rod market, Chinese suppliers have focused on the Middle Eastern markets, offering 6.5 mm mesh quality
wire rod to
Oman at $540-545/mt CFR. Market sources state that activity in the Omani
wire rod market is currently on the strong side.
On the other hand, steel mesh prices in the local Omani market are at $630/mt ex-works.