23
Apr
22:31
US rebar pricing, demand, sentiment assume neutral posture
US rebar prices are flat week-on-week, with quiet market activity and a steady US scrap market outlook for May, Kallanish hears from market participants.
Pricing for US domestic #4 rebar in 20-foot sticks is unchanged in the range of $830-840/short ton.
Some US rebar market participants indicate that opportunities are few and far between.
“The market remains cautious, with little meaningful business taking place,” says a northeastern fabricator and d…
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Anonymous
Very good overview of the weekly steel market.
Anonymous