28
Nov
22:21
US rebar pricing holds steady, hikes anticipated
Rebar pricing the US is flat, with market participants bracing for a potential price increase as early as next month, Kallanish learns.
Some buyers report an expectation that domestic mills will attempt a price increase in December and possibly another one in January. The hikes would be predicated not on any particular optimism for downstream sales but on the price of scrap inputs, which is strengthening in the US (see Kallanish 27 November).
However, greater re…
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Anonymous
Very good overview of the weekly steel market.
Anonymous