SteelOrbis has learned from market sources that mesh quality
wire rod prices in the
UAE domestic market have remained unchanged in the last two weeks at $595-600/mt ex-works. However, mills are still open to providing discounts depending on the size of orders.
In the meantime, mesh quality
wire rod import offers from
Turkey to the
UAE are reported to be standing at $610-620/mt CFR Dubai, while the latest offer levels from
China to the
UAE were standing at $575-580/mt CFR Dubai before the Chinese Lunar New Year holiday.
Market sources state that
wire rod demand in the
UAE is weak both for domestic production and imported materials.