Import merchant bar offers to the US

Import merchant bar offers from China have increased by $20 /mt since our last report, now ranging from $600 /mt to $620 /mt CFR FO West Coast ports, on theoretical weight basis. The subject product consists of small sections and some structural channels and angles according to ASTM A36/A6. Merchant bar offers from Taiwan have also increased by $20 /mt since our report two weeks ago, ranging from $605 /mt to $625 /m t CFR FO West Coast ports, on theoretical weight basis. Since last reporting Turkish offers two weeks ago, prices have increased by $25 /mt and are in the range of $710 /mt to $730 /mt CFR FO US Gulf ports, based on theoretical weights.