Import merchant bar offers to the US

Import merchant bar offers from China have increased by $15 /mt since our last report, now ranging from $565 /mt to $585 /mt CFR West Coast ports, on theoretical weight basis. The subject product consists of small sections and bars according to ASTM A36/A6. Merchant bar offers from Taiwan have remained the same since our report two weeks ago, still ranging from $560 /mt to $580 /mt CFR West Coast ports, on theoretical weight basis. Since last reporting a month ago, Turkish offers have increased by $45 /mt and are now in the range of $670 /mt to $690 /mt CFR FO US Gulf ports, based on theoretical weights.