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01 Oct
21:03

US rebar pricing treads water

US rebar pricing held firm last week, despite being caught in an overall downward trend, Kallanish reports. Kallanish held #4 rebar in 20-foot sticks at $600-620/short ton. All prices are ex-works, domestic mill. With scrap trending downward, market sources say it’s only a matter of time before rebar follow suit. Contract pricing and steady construction demand is keeping the product from experiencing the wholesale erosion affecting flats, buyers have…
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