SteelOrbis has learned that import offer prices for mesh-quality wire rod to the US from China have plunged in the last week, by about $30/mt; prices are now ranging from $590-$600/mt CFR FO in US Gulf Coast ports.
Meanwhile, import offers for mesh-quality wire rod to the US from Turkey have remained stable in the last week, with offer prices still ranging from $660-$670/mt CFR FO in US Gulf ports.