SteelOrbis has learned that indicative rebar prices for the US from Turkish mills have remained stable in the last week, with most offers continuing to range from approximately $1,460 /mt to $1,470 /mt CFR FO in US Gulf ports. There are no actual orders currently being booked from the US, however.
Japanese rebar offers to the US have also remained stable in the last week, with most offers continuing to range from $1,220 /mt to $1,230 /mt CFR FO in US Gulf ports.