Rebar and wire rod offers to Southeast Asian markets

SteelOrbis has learned that South Korean and Chinese steel producers have slightly increased their long steel offers for the Southeast Asian market due to increases in scrap prices.
 
Accordingly, South Korean rebar offers to Southeast Asia are now standing at $680/mt CFR, while ex-China boron-added rebar offers to the Southeast Asian market are at $650/mt CFR and mesh quality wire rod offers from China to the same region are standing at $660/mt CFR.