Tag: Japan rebar price

  • Japan’s rebar prices to rise amid surge in scrap costs

    Japan’s rebar prices to rise amid surge in scrap costs

    Japan’s domestic rebar prices are expected to rise further as producers may raise their list prices with the recent surge in scrap prices, and Japanese distributors are also seen pushing through the previous price hikes by producers aggressively, sources shared on Monday. As of February 14, SD295A 16-25mm rebars are being transacted at Yen 96,000-98,000/tonne ($832-849/t)…