US rebar: Prices flat

  • Tuesday, April 11, 2023
  • Source:ferro-alloys.com

  • Keywords:US rebar Prices
[Fellow]US and imported rebar prices were mostly flat this week.

 
US and imported rebar prices were mostly flat this week.
 
Rebar ex-works Midwest was assessed flat at $950-970/st, while rebar import ddp Houston was assessed at a wider range of $910-930/st from $920/st the week before.
 
Domestic demand remained steady, with many in the market waiting for the next rebar price increase, which is expected in the next few weeks.
 
Scrap prices to Turkey are down more than $20/metric tonne (t) in the last few weeks, putting downward pressure on US obsolete scrap prices.
 
The current outlook on domestic obsolete scrap prices are mixed for April, with most expecting flat-to-down obsolete prices, while prime grades of scrap could hold onto nominal gains.

 

Copyright © 2013 Ferro-Alloys.Com. All Rights Reserved. Without permission, any unit and individual shall not copy or reprint!
  • [Editor:kangmingfei]

Related News

·Australia to work with Germany on critical minerals study04-10
·Silico Manganese Market Scope With Key Players, Price, Top Manufac...04-10
·Canada’s budget measures brighten funding prospects for critical ...04-10
·Coal power plant under CPEC boosts socio-economic development in P...04-07
·China sees first export of 50-meter steel rails to Europe04-06

Tell Us What You Think

please login!   login   register
Please be logged in to comment!