29
Nov
21:26
US rebar pricing falls further
Rebar pricing in the US continued to fall further this week, with its upper price range dropping below the $1,000/short ton threshold for the first time in over a year.
A northeastern distributor says that rebar's pricing in the US fell by an additional $30/st this week, after falling by $20/st over the prior week.
"[Rebar] prices are beginning to fall more rapidly as mills look to lower their inventories in case pricing further drops," th…
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Anonymous
Very good overview of the weekly steel market.
Anonymous