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Mexican rebar prices rose significantly this week, supported by seasonal factors, government projects, and tightening supply, allowing steel mills to successfully push for another round of price increases. B65A470 Non oriented electrical steel, Despite the increased upward momentum, transactions remained concentrated at the lower end of the valuation range, with buyers continuing to resist higher prices.
Monterrey delivery rebar was priced at $900/ton, while Bacchio delivery rebar was priced at $855/ton. Multiple factors, including favorable weather, seasonal construction activity, holidays, and the gradual resumption of government infrastructure projects, supported the steel mills' price increases. B65A470 Non oriented electrical steel, However, despite the significant upward shift in quotes, buyer transactions remained near the lower end of the price range.
Although some steel mills discussed a price level of $900/ton, the acceptance of that price remains unclear.
