18
Jan
21:37
Domestic rebar prices continue holding in the US
Domestic rebar prices in the US continue to hold firm despite rising concerns in the market due to falling scrap prices and increasing import offerings.
According to a Northeast distributor, pricing for domestic rebar remains steady in January as mills quietly observe the market.
"Import offers are coming in, but high shipping costs have mostly kept deals from being struck," the distributor explains.
Earlier last week, rumours were heard in t…
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Anonymous
Very good overview of the weekly steel market.
Anonymous