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02 Apr

Dull trading activity keeps US rebar prices rangebound

US rebar prices are flat week-on-week, but within a tighter range. The rebar market is seeing soft spring demand and a lack of import activity, while there is hope for a positive shift in scrap market sentiment and a rebound in construction activity, Kallanish hears from market participants. Pricing for US domestic #4 rebar in 20-foot sticks is holding with a tighter range of $830-840/short ton. This is a change from the $820-850/short ton range held over the la…
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