Import wire rod offers in the US

Import wire rod offers from China have remained at the same levels since last week, still ranging from $480 /mt to $490 /mt CFR FO in US Gulf ports. Imports of 5.5 mm are restricted and carry extras. Offers for drawing quality import wire have remained at the same levels since last week, still ranging from $530 /mt to $540 /mt CFR FO in US Gulf ports. However, there are very few import drawing quality rod offers on the market at this time.