US import rebar prices trend steady

Tuesday, 13 August 2019 23:22:13 (GMT+3)   |   San Diego
       

Interest in US import rebar is still up compared to recent months, but offer prices are still trending steady as US buyers gauge the market before making major tonnage decisions. Rumors of a potential price increase in the US domestic rebar market have helped boost inquiry activity for imports, and if buyers perceive a US domestic rebar uptrend to sustain through the end of Q3, sources say it will be “worth the wait” to order imports now for future arrival.

This week, US import rebar offers are still around $30.50 cwt. ($672/mt or $610/nt) DDP loaded truck at US Gulf ports from Spain and Algeria, $31.50 cwt. ($694/mt or $630/nt) DDP loaded truck at US Gulf ports from Bulgaria and Portugal, $31.00 cwt. ($683/mt or $620/nt) DDP loaded truck at US Gulf ports from Turkey, and $30.00 cwt. ($661/mt or $600/nt) delivered to Houston from Mexico.


Most Recent Related Articles

US rebar imports up 54.1 percent in April

US import rebar arrivals boost availability at ports

US rebar exports up 2.5 percent in March

Interest picks up in US import rebar market

Lower offers heard in US import rebar market