Fastmarkets' assessment for steel rebar, import, cfr Houston was at $517-535 per short ton on Wednesday October 16, down by 9.7% from $575-590 per short ton two weeks earlier.
Fastmarkets’ assessment for steel rebar, fob mill US was at $30-30.50 per hundredweight ($600-610 per short ton) on the same date, down by 0.8% from $30-31 per cwt previously and off 14.8% from $35-36 per cwt one year ago.
Imports get very aggressive
Offers and deals heard for Spanish, Italian and Portuguese rebar were between $570 and $590 per tonne cfr, according to sources, which equates to $517-535 per short ton cfr. Material from...