22
Oct
21:09
US rebar pricing remains flat
US rebar pricing appears to have held steady on-week, Kallanish learns from market sources.
Kallanish held its assessment for #4 rebar in 20-foot sticks at $590-610/short ton. All prices are ex-works, domestic mill.
A Midwest buyer chalks rebar’s relative resiliency to strong domestic construction demand and relatively light import pressure.
The US’ recent decision to double Turkish steel tariffs to 50% introduced a slight amount of pressure as…
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Anonymous
Very good overview of the weekly steel market.
Anonymous