US rebar prices maintain firm price trend
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As Turkish mills continue to buy deep scrap, the price for US origin HMS I/II 80:20 scrap increased in a new deal, exceeding the $500/mt CFR threshold
Most large billet exporters have been holding offers at around $700/mt CFR from early this week, waiting for a demand acceleration.
Prices for Japanese scrap in the latest Kanto export tender have increased significantly.