Ex-China wire rod to Thailand

SteelOrbis has heard that Chinese mill Tianjin Iron & Steel Co Ltd is offering 2,000 mt of Q195 grade 5.5-6.5 mm diameter wire rod to Thailand at $415-420/mt FOB Tianjin on actual weight basis for April shipment via payment by letter of credit. The export quotation has been increased by around $10/mt compared with two weeks ago. As market sources informed SteelOrbis, the export quantities for the first quarter of 2007 have been very tight from Tianjin Iron & Steel Co Ltd. It is said that the mill is already offering materials with a shipment date in April 2007.