Import rebar offers to the US from Turkey have declined again in the last week, and sources tell SteelOrbis that if US domestic rebar mills retain their firm grip on prices, rebar buyers will continue to look to the import market.
US import rebar offers from Turkey are now in the range of $46.00-$47.00 cwt. ($1,014-$1,036/mt or $920-$940/nt) DDP loaded truck in US Gulf ports, down $1.00 cwt. ($22/mt or $20/nt) week-on-week. US import rebar offers from Mexico, meanwhile, remained unchanged week-on-week at $47.00-$49.00 cwt. ($1,036-$1,080/mt or $940-$980/nt) DDP Houston.