SteelOrbis has learned that ex-Ukraine mesh quality wire rods are being offered for export at $925-930/mt FOB on actual weight basis for late May/early June shipment.
The Ukrainian producers are continuing to raise their prices. On the other hand, a Moldavian producer is offering the same material at $930/mt FOB. It is observed that the buyers from the Middle East in particular are approaching the abovementioned price levels in a positive manner.
Generally, the increase in the price of CIS wire rods may cause Chinese wire rods to be more attractive for buyers from the Middle East and the Persian Gulf in particular.