On August 14, SteelOrbis reported rebar prices in Mexico’s domestic market at approximately MXN 10,300-10,600/mt ($580-$597/mt) ex-warehouse. According to sources, rebar prices in Mexico are presently at MXN 10,800-11,100/mt ($602-618/mt) ex-warehouse. The price increased MNX 500 or $21-22/mt for September.
USD = MXN 17.77 (Aug. 14)
USD = MXN 17.94 (Sept. 5)