05
Dec
22:12
Year-end discounting pressures US rebar market
Rebar pricing the US has weakened this week, even while some market participants suspect that domestic mills are on the verge of announcing price increases, Kallanish learns.
The price range for domestically produced #4 rebar in 20-foot sticks sold in US spot markets slipped to $820-840/short ton, from $840-860/st a week ago.
Some rebar buyers report witnessing one last round of discounting, possibly to entice a flurry of procurement to close out the financial y…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous