As global rebar scrap trends have shifted downward in the last week, sources tell SteelOrbis that US import rebar offers are flexible but the overall price range has not changed due to continuing tepid demand for both imports and domestic material.
As such, US import rebar offers from Algeria are still ranging from $44.00-$45.00 cwt. ($970-$992/mt or $880-$900/nt) DDP loaded truck in US Gulf ports, and offers from Mexico are still at $46.50-$47.50 cwt. ($1,025-$1,047/mt or $930-$950/nt) DDP Houston.