SteelOrbis has learned that in the Saudi Arabian wire rod market, offers for thick material from the UAE stand at AED 2,870-2,880/mt ($781-784/mt) for deliveries to customer.
In the meantime, boron-added mesh quality wire rod offers given from China to Saudi Arabia are at $770-780/mt CFR Dammam, and these offers attract Saudi buyers' attention, being more competitive than Turkish and CIS offers. Saudi buyers also supply wire rod from the Gulf region.
$1 = AED 3.673