SteelOrbis has learned that the prices of Chinese origin 18 mm HRB 335 boron-added rebar for South East Asian markets have softened by $5/mt since last week to $565/mt FOB, including 13 percent export tax rebate, on actual weight basis, for payments via letter of credit and for late August shipments.
Meanwhile, the prices of Chinese origin 6.5 mm low carbon boron-added wire rod for Southeast Asia have also decreased by $10/mt since last week and are now standing at $585/mt CFR, including 17 percent VAT, on actual weight basis, for payments via letter of credit and for late August shipments.