SteelOrbis has learned that Chinese offers of boron-added, mesh-quality wire rod to the US have increased by approximately $10/mt since last week. Most offers now range from approximately $530/mt to $540/mt CFR FO in US West Coast ports, and from $540/mt to $550/mt CFR FO in US Gulf Coast ports.
Meanwhile, offering prices for mesh-quality wire rod from Turkey for the US have also risen by about $10/mt since last week, with most offers now ranging from approximately $535/mt to $545/mt CFR FO in US Gulf Coast ports.