24
May
21:31
As US rebar prices hold steady throughout May, market players believe this latest stagnation indicates that the short-range outlook for rebar remains strong as pricing for some other steel products, including both sheet and scrap, continue to trend downward.
According to a Northeastern US rebar distributor, underlying conditions in the domestic rebar market remain positive, with demand for domestically-produced construction steel remaining strong over the past few…
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Zach Johnson
USA
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