Last week United States long products market remained weak, the main factor was July scrap prices declined and imports increased in May. Due to weak demand season approaching, United States long products market will likely remain weak trend.

Currently, the United States in Midwest rebar steel ex-factory price of US$550~565/short ton, Southeastern rebar steel ex-factory price of US$535~550/short ton.

According to the United States Bureau of statistics released the latest figures in May this year United States rebar steel imports rose 41.4% month on month.