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27 Jun
19:09

US rebar spot prices hold for second week

Rebar spot prices in the US held steady through the latter half of June after pricing fell by $10/short ton mid-month, Kallanish learns from its latest assessment of the market. In contrast to some market participants' expectations, domestic mills held their prices for rebar being sold in the US through the month. The overall sentiment being expressed by distributors is dismissive of any potential improvements in the market in the short term. Constr…
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