Chinese
wire rod offers to the US have increased by $20 /mt since the mills have returned from holiday, now ranging from $530 /mt to $540 /mt in US Gulf ports. (Imports of 5.5 mm are restricted and carry extras).
Offers for drawing quality import
wire rod have stayed at the same levels as last week, continuing to range from $565 /mt to $575 /mt CFR
FO in US Gulf ports.