Import rebar offers to the US from Portugal have increased by about $10/mt on the low end and $20/mt on the high end, bringing offers into the range of $640-$660/mt CFR FO in US Gulf ports on a theoretical weight basis.
Additionally, new import rebar offers to the US from Taiwan have been heard this week, in the range of $650-$660/mt CFR FO in US Gulf ports on a theoretical weight basis.