Turkish wire rod offering prices for the US have increased by $10 /mt the past week, with most offers now ranging from $630 /mt to $640 /mt CFR FO in US Gulf ports.
Chinese wire rod offering prices for the US have remained stable since last week, with most offers continuing to range from $640 /mt to $650 /mt CFR FO in US Gulf ports. Imports of 5.5 mm are restricted and carry extras.
Offers for drawing quality import wire rod still range from $650 /mt to $660 /mt CFR FO in US Gulf ports.