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25 Jan
21:13

US rebar pricing holds firm through January

Domestic rebar pricing in the US remained stable throughout January, despite growing indications of volatility in the market. According to a Northeast distributor, the decline in scrap prices this month has not yet impacted domestic rebar prices. In January, scrap prices have fallen in the US by around $50-60/gross ton, depending upon the grade and region. "The decline in scrap prices during this month haven't had an impact on rebar pricing, and neither …
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