Analysis
February 6, 2026
CRU: US, Mexico longs prices continue to rise while Brazil demand lags
Written by Alexandra Anderson
US rebar and wire rod prices rose month on month (m/m) alongside continued scrap increases, while merchant bar and structurals were unchanged.
End-use consumption remained seasonally low, although reduced import volumes kept mills fully booked. Furthermore, uncertainty surrounding trade policy is still a concern among market participants ahead of the USMCA renegotiation in July.
