US import rebar offers still trending down

Tuesday, 17 September 2019 22:11:34 (GMT+3)   |   San Diego
       

Slow demand in the US import rebar market has continued to result in lower offers, although not from every source. Offers from Turkey are now in the range of $29.50-$30.00 cwt. ($650-$661/mt or $590-$600/nt) DDP loaded truck at US Gulf ports, with offers form Bulgaria and Portugal now around $30.00 cwt. ($661/mt or $600/nt) DDP loaded truck at US.

Meanwhile, US import rebar offers from Spain are still in the range of $30.00 cwt. ($661/mt or $600/nt) DDP loaded truck at US Gulf ports, and Algeria and Mexico are still in the range of $29.50 cwt. ($650/mt or $590/nt) DDP loaded truck at US Gulf ports and delivered to Houston, respectively.


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