Ukrainian producer Arcelor Mittal Kriviy Rih is offering rebars for export to the Middle East at $610-620/mt FOB on actual weight basis for February shipment. Meanwhile, the same producer is offering mesh quality wire rods for export to the Middle East at $590-595/mt FOB on actual weight basis for February shipment.
Global wire rod and rebar prices are on an upward trend in line with the rising raw material and billet prices.