Qatari buyers unwilling to purchase Chinese chrome-added wire rod

According to market sources, wire rod prices in the local Qatari market are currently at $485-505/mt delivered, while Chinese wire rod offers to Qatar stand at $410/mt CFR. Market sources state that currently the trading volume is quite slack, as Qatari buyers are unwilling to conclude deals for Chinese chrome-added wire rod due to quality concerns and are only concluding purchases from the domestic market to meet their immediate needs.