[SMM Steel] No Change for Indonesia’s Wire Rod Price

Published: Aug 6, 2026 14:34

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[Indonesia] Indonesia’s Wire Rod Price is still same at 475 USD/tonne FOB, as there is no change in demand. This also become a pattern for over past few days, even a week. The pressures such as sluggish export demand, low domestic demand, and prices falling in China still occur. Besides that, no news from China price on whether they try to drop the price further or not. If China tries to drop the price, hence the pressure to drop the price for Indonesia’s Wire Rod might increase.

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