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30 Aug
21:42

US rebar pricing holds at end of August

Spot pricing for rebar in the US continues to hover for the second week in a row, after pricing rose by $10/short ton earlier this month. A weekly pricing assessment maintained by Kallanish for #4 rebar in 20-foot sticks remained flat this week at a range of $1,050-1,070/st, ex-works, domestic mill. According to a rebar distributor in the northeastern US, the immediate optimism generated after the passage of President Joe Biden's Inflation Reduction…
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