Latest situation in UAE wire rod market

Thursday, 24 April 2014 12:10:19 (GMT+3)   |   Istanbul
       
Market sources report that mesh quality wire rod prices in the local UAE market can be found in the range of $590-595/mt ex-works. Meanwhile, Chinese wire rod offers to the country stand at $565/mt CFR. No new wire rod offers from Turkey have been heard in the UAE market and market sources say that Turkish mills cannot compete with the Chinese offers.
 

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