SteelOrbis has learned that the prices of Chinese origin 18 mm HRB 400 boron-added rebar for Southeast Asia are still at $510/mt FOB, including 13 percent export tax rebate, on actual weight basis, for payments via letter of credit and for late June shipment. The prices have remained stable since last week.
Meanwhile, the prices of Chinese origin 6.5 mm low carbon boron-added wire rod for Southeast Asia are also unchanged at $510/mt CFR, including 17 percent VAT, on actual weight basis, for payments via letter of credit and for late June shipments.