Chinese rebar offer for Persian Gulf
SteelOrbis has heard that there are still Chinese origin CARES-certificated rebar offers at $560-570/mt CFR on theoretical weight basis being given by Chinese traders to the Persian Gulf for June-July shipments. However, after the cancellation of the Chinese VAT rebate, some trading firms have raised their Chinese origin rebar offers to $585/mt CFR on theoretical weight basis. China is on holiday this week. There is curiosity in the market concerning the attitude the Chinese producers will adopt next week after the holiday.
Marketplace Offers
Deformed Bar
Diameter
6 - 32 mm
ES ISO 6935-2 2019 B500BWR , ASTM A615 GR 60
Tedarikçi
YOTTA TRADING