Import wire rod offers in the US

Turkish wire rods are now being offered for $465 /mt to $475 /mt CFR FO in US Gulf ports. This is a $20 /mt increase since last week. Bookings at this new level have been very light. Chinese offers remain at a range of $430 /mt to $440 /mt CFR FO in US Gulf ports. Chinese offering prices have not changed since last week.