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18 Aug
11:06

Wire rod import prices inch upwards in ASEAN

Wire rod prices are rising slowly in Southeast Asia, Kallanish notes. Deals from traders for 6.5mm SAE 1008 blast furnace regional wire rod for October shipment closed at $585/tonne cfr Manila early this week. Offers have since risen by $10/t to $595/t cfr Manila. Regional mills’ direct offers are higher, a Chinese trader notes. The leading exporting blast furnace mills in Indonesia and Malaysia are at $580/t fob and $575/t fob respectively, he sa…
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