Import rebar offers to the US from Portugal have decreased by about $5/mt in the last week, with offers now in the range of $610-$620/mt CFR FO in US Gulf ports on a theoretical weight basis.
Additionally, import rebar offers to the US from Turkey--which are still available despite the looming trade case--have decreased by $10/mt in the last week, with offers now in the range of $590-$600/mt CFR FO in US Gulf ports on a theoretical weight basis.
Finally, import rebar offers to the US from Japan have not changed in the last week, with offers still in the range of $630-$640/mt CFR FO in US Gulf ports on a theoretical weight basis.