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07 Nov
23:14

Rebar prices hold steady in US

Rebar spot pricing in the US is reported to be flat this week, while the market assesses indications of rising scrap costs upstream and the perceived 2024 demand from construction clients downstream. The Kallanish weekly pricing assessment for domestically produced #4 rebar in 20-foot sticks sold in US spot markets is unchanged this week at a range of $890-900/short ton. Some large-volume orders were reported to be priced as low as $840/st in the Midwest, an…
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