SteelOrbis has learned that the prices of Chinese origin 18 mm HRB 335 boron-added rebar for export markets have decreased by $15/mt as compared to last week and are now at $580/mt FOB, including 13 percent export tax rebate, on actual weight basis, for payments via letter of credit and for end of July shipment.
Meanwhile, the prices of Chinese origin 6.5 mm low carbon boron-added wire rod for Southeast Asia have also trended down, decreasing by $5-10/mt since last week, and are currently at $600/mt CFR, including 17 percent VAT, on actual weight basis, for payments via letter of credit and for end of July shipment.