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30 Jan
21:39

US rebar pricing remains consistent amid winter slowdown

Rebar pricing is flat in the US for a fourth consecutive week, with a well-balanced supply/demand equation likely to continue into February, Kallanish hears from market participants. There has been some chatter about a potential modest price increase from the domestic rebar mills later in the winter, attributable to scrap input costs, favorable inventory levels and decent downstream construction demand. Harsh winter conditions throughout much of the US have sty…
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