14
Feb
21:29
Rebar pricing tumbles in US
The price ceiling for domestic rebar in the US fell this week, marking the first decline in the upper range of pricing in the new year.
Kallanish learns from market sources that the higher-end of pricing for domestic rebar fell by $20/short ton over this past week as buyers become more confident in negotiating for lower prices.
"New orders from the construction sector are still steady, but the market appears to be in a sort of rut," explains a Nort…
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Anonymous
Very good overview of the weekly steel market.
Anonymous