29
Oct
15:59
US rebar pricing remains stagnant
US rebar pricing is not yet benefiting from the pricing momentum in the flat-rolled arena, Kallanish learns from market sources.
Kallanish held its rebar price on Tuesday at $590-610/short ton for #4 product in 20-foot sticks. All prices are ex-works, domestic mill.
“I think it will linger through the end of the year, and then probably start to retract back as we go into 2020,” says one buy-side source. “It’s still soft, and, despite t…
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Anonymous
Very good overview of the weekly steel market.
Anonymous