14
Jan
17:43
US rebar pricing shows signs of life
US rebar prices appear to be moving slowly out of their long-term rut, but market players do not yet see mills holding significant pricing power, Kallanish reports.
Kallanish increased its price for #4 product in 20-foot sticks Tuesday to $600-630/short ton. All prices are ex-works, domestic mill.
A $30/st increase announced in early January is lending organic strength to pricing, though it is not clear that the increase itself is being collected…
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Anonymous
Very good overview of the weekly steel market.
Anonymous