Offering prices for boron-added rod from Chinese mills for the US have decreased by approximately $50 /mt in the last week, with most offers now ranging from $910 /mt to $920 /mt CFR FO in US Gulf ports. This price range does not include the possible tax change for these products.
Import wire rod offering prices for the US from Turkish mills have also dropped significantly in the last week, with the most competitive offers ranging from approximately $920 /mt to $930 /mt CFR FO in US Gulf ports. However, the offering price level varies somewhat from mill to mill, as some mills' order backlogs are more full than others'.