<h2>Wire Rod Market Overview � Q2 2026</h2><p>Wire rod markets across Southeast Asia entered Q2 2026 with cautious optimism. Chinese export offers for SAE 1008 grade wire rod (5.5mm) were offered at USD 460�490 per MT FOB China in April and May, continuing to create a buyer's market across the region.</p><h2>Chinese Export Pressure</h2><p>China's wire rod export volumes to Southeast Asia have stayed elevated through Q1 and early Q2. Domestic demand remains soft relative to production capacity, pushing mills to maintain aggressive export pricing. Key grades actively traded in SEA include SAE 1008 (5.5mm, 6.5mm) for construction and mesh, and PC Wire feedstock grade for prestressed concrete wire manufacturing.</p><h2>Korean and Indian Mill Offers</h2><p>Korean mill wire rod (POSCO, Hyundai Steel) commands a USD 20�35 premium over Chinese equivalents due to consistent dimensional tolerances and certified mechanical properties. Indian wire rod from SAIL and Tata Steel has gained market share in East Africa, where buyers prioritise the lower freight cost from Indian west coast ports to Mombasa and Dar es Salaam.</p><h2>Demand Outlook</h2><p><strong>Indonesia:</strong> Construction activity supported by Nusantara capital city development continues to underpin demand. <strong>Vietnam:</strong> The manufacturing export boom drives demand for wire rod in fastener and spring production. <strong>Malaysia:</strong> Stable demand from construction and automotive sectors with preference for documented mill certifications.</p><h2>Freight Update</h2><p>Container freight rates on the China�SEA corridor have stabilised. Current rates for a 20ft container of wire rod from Chinese ports to Singapore, Jakarta, or Ho Chi Minh City range from USD 180�280.</p><p>Tetra Commodity Trading sources wire rod from certified Korean, Chinese, and Indian mills on CIF terms to all major Southeast Asian ports. Contact us at <a href="mailto:enquiries@tetracommodity.com">enquiries@tetracommodity.com</a> for Q2 pricing.</p>