US import rebar trends firm but stable
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Turkish hot-rolled coil (HRC) producers have increased their prices, as had been expected.
Prices for imported billet in Asia are expected to go up further, even though trading activity has been limited recently.
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The number of deals concluded in China has apparently dwindled down almost to nothing with the Lunar New Year holiday approaching.
Prices for imported slabs are expected to keep going up rapidly in Asia as the uptrend in the HRC segment is gaining momentum.
Indian hot rolled coil (HRC) exporting mills have attempted to aggressively push prices up over the past week.