Although the ranges for US import rebar offers to the US have not changed in the last week, sources tell SteelOrbis that the price levels are still flexible and vulnerable to deals.
After dropping slightly last week, US import rebar offers from Spain are still in the range of $34.00-$34.50 cwt. ($750-$761/mt or $680-$690/nt) DDP loaded truck at US Gulf ports. Offers from Bulgaria and Portugal are in the same range as Spain, while offers from Italy are closer to $34.50 cwt. ($761/mt or $690/nt) DDP loaded truck at US Gulf ports.