Import rebar in the US
As per the market reports, Inbesa Terminals, the popular rebar terminal in Houston, Texas, has received many large shipments within the last two months and ran out of storage space. Therefore they are now selectively accepting shipments. This is a dramatic change from a year ago, thanks to robust consumption and termination of Section 201 Safeguards. Dominant import players into this market are Turkey, Germany, Romania and Bulgaria. It is reported that current import offers range from $24.00 cwt ($530/mt) - $25.00 cwt ($551 /mt) duty paid, ex dock terms; however, most buyers are pretty full until October arrivals. During the January-April 2004 period following tonnages have been imported in the region from below specified countries:Country Tonnage Turkey 26.71 mt Poland 6.20 mt Romania 14.92 mt Germany 15.53 mt Russia 1.34 mt Brazil 7.20 mt Mexico 19.22 mt Paraguay 4.96 mt Czech Rep. 6.18 mt Egypt 4.15 mt