SteelOrbis has learned that indicative rebar prices for the US from Turkish mills have softened to a range of $1,170 /mt to $1,180 /mt CFR FO in US Gulf ports.
Japanese rebar offers to the US have decreased by approximately $20 /mt in the last week, with most offers now ranging from $1,130 /mt to $1,140 /mt CFR FO in US Gulf ports.