08
Nov
21:38
US rebar pricing remains quiet, outlook dims
Rebar pricing in the US held steady this week after falling slightly at the beginning of the month, but increasing pressure for lowered pricing due to falling scrap prices over the past eight months has sparked growing concerns in the market.
Despite a more downtrodden outlook for the domestic market in the past few weeks, several rebar producers throughout the US have recently reported record-high quarterly profits in their latest financial results. US long steel…
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Anonymous
Very good overview of the weekly steel market.
Anonymous