SteelOrbis has learned that import rebar offers to the US from Turkey have dropped by about $15/mt in the last week, with prices now in the range of $600-$610/mt CFR FO in US Gulf ports on a theoretical weight basis.
Likewise, import rebar offers to the US from Taiwan have also declined by about $15/mt this week, with prices now ranging from $625-$635/mt CFR FO in US West Coast ports on a theoretical weight basis.