US import rebar prices remain stable

Wednesday, 03 April 2024 19:36:43 (GMT+3)   |   San Diego
       

Although sources report continued slight softness in the US domestic rebar market, import rebar offers have not moved in the last week, as interest remains “incredibly low.” Demand for rebar in the US remains high, however, and sources within the import market hope that continued positive trends in the US construction sector will soon translate to increased import bookings.

For now, US import rebar prices are stable at $38.50-$39.50 cwt. ($849-$871/mt or $770-$790/nt) DDP loaded truck in US Gulf ports from Algeria and Egypt, and $39.00-$40.00 cwt. ($860-$882/mt or $780-$800/nt) DDP Houston from Mexico.


Similar articles

Major steel and raw material futures prices in China – November 5, 2024 

05 Nov | Longs and Billet

Turkish domestic rebar spot prices mostly stable in local currency

04 Nov | Longs and Billet

Local Chinese longs prices decline, but expectations rather positive

04 Nov | Longs and Billet

Russia’s Evraz launches two new brands for rebar and I-beams

04 Nov | Steel News

Major steel and raw material futures prices in China – November 4, 2024 

04 Nov | Longs and Billet

Shagang Group keeps local rebar prices stable for early November

04 Nov | Longs and Billet

NBS: Local Chinese rebar prices down 4.7% in late October

04 Nov | Steel News

Tentative increase seen in Asian rebar market

01 Nov | Longs and Billet

Domestic rebar prices in Taiwan - week 44, 2024

01 Nov | Longs and Billet

Russia’s Don-Metall plans to commission new rebar plant next year

01 Nov | Steel News