Japan Rebar Export Price Hits US$ 1,000/t
Japanese concrete reinforcing steel bar export price exceeded US$ 1,000 per tonne. Japanese makers receive strong order from South Korea, Taiwan, Southeastern Asia, North America and Middle East and the price increased to FOB US$ 1,028 for USA for August shipment. The international market is lifted by aggressive appetite from construction booming Middle East. The billet export market is also expected to rebound after temporally drop from peak of US$ 1,074 for July-August shipment.
 |
