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17 Aug
21:42

US rebar market benefits from Inflation Reduction Act

US President Joe Biden has signed the Democrat-backed Inflation Reduction Act into law, following an approval vote by the House of Representatives earlier in the week, which includes increased funding for both clean-energy and construction projects. A Northeastern rebar distributor tells Kallanish that the passage of this measure has received support from market participants, as it will likely further increase the already high demand for domestically-pro…
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