Chinese offers of boron-added, mesh-quality wire rod to the US have increased by an average of $10/mt since last week. Offers now range from approximately $520/mt to $530/mt CFR FO in US West Coast ports, and from $530/mt to $540/mt CFR FO in US Gulf Coast ports.
Meanwhile, offering prices for mesh-quality wire rod from Turkey for the US have remained stable since last week, with most offers still ranging from approximately $525/mt to $535/mt CFR FO in US Gulf Coast ports.