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US rebar import price may rise
Source:Xinsteel   Date:2015/4/24

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).


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