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11 Dec

Gerdau increases US rebar selling prices by $50/st

Domestic mills' selling prices for long steel products are beginning to respond to rising finished steel and raw material prices after remaining mostly stable throughout the past half-year. Gerdau Long Steel North America has increased its rebar prices by $50/short ton effective on all new orders beginning 11 December, Kallanish learns from a letter to customers by the company's rebar sales manager. "[Mills'] prices are rising in respon…
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