25
Jun
19:15
Dropping US rebar prices make buyers wary
Dropping rebar prices in the US market have made buyers guarded, Kallanish reports.
In the wake of a -25% reduction on Turkish imports and the subsequent elimination of Section 232 tariffs on Mexico and Canada, buyers have become cautious and prices are falling.The US government is pressuring Canada and Mexico to not sell more than what they sold before. US domestic mills, who planned to add capacity, are anxious. Sources say…
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Anonymous
Very good overview of the weekly steel market.
Anonymous