SteelOrbis has learned that in the Indian domestic market long steel producers' mesh quality wire rod prices are at $750-760/mt, while their drawing quality wire rod quotations are at $775-785/mt. Both prices ranges are ex-mill and excluding local taxes.
Meanwhile, boron-added wire rod offers from China to the Indian long steel market are currently standing at $670-675/mt CFR for end of March and early April shipments, while wire rod offers from the CIS to India are at $715-725/mt CFR.