Mexican rebar prices slip Peso 100/mt despite mill resistance

摘要

Mexican domestic rebar prices fell 0.8% on Friday after four weeks of stability and despite producers' efforts to keep levels steady. S&P Global Platts assessed Mexican domestic R-42 grade rebar price at Peso 12,900/mt ($513.43/mt), down Peso 100/mt from the previous week. “Demand is slow and although we had seen signals for lower prices, mill were resisting but negotiating,” said a distributor source who saw tradable values during the week at Peso 12,900-13,000/mt.