Affected by Turkish
scrap price increases, US
rebar import price may rise. Some Turkish mills hope increase the price by $
5-10 / short ton to $ 460-465 / short ton (CFR Houston), but American buyers
are reluctant to accept price increases. They think that price of $ 450 / short
ton (CFR Houston) is no longer profit margins, market sentiment doctrinal.
This week,
the US
rebar import price remains at $ 410-420 / short ton (CIF Houston).
XINSTEEL NEWS