US domestic rebar holds tight as demand indicators trend grim

The latest US residential construction statistics indicate a severe downturn in demand, with building permits dropping 20.8 percent and housing starts

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Product Weekly Change (%)
Iron Ore 62% Fe, CFR China, $/mt 0.79
Scrap HMS I/II 80:20, CFR Turkey, $/mt -0.2
Billet FOB CIS, $/mt 0.69
Rebar FOB Turkey, $/mt 0
HRC FOB China, $/mt 0
Wire Rod FOB China, $/mt 0
Click to see all prices
Product Weekly Change (%)
Billets CFR Turkey 0.26
Billets FOB Black Sea 0
Rebar FOB Turkey 0
Scrap HMS I/II 80:20 CFR Turkey -0.2
Click to see all prices
  Weekly Change (%)
Turkish Rebar Index 0.23
Turkish Scrap Index -0.48
China rebar export index 0
China wire rod domestic market index -0.32
Click to see full list

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