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02 Oct
A new wave of imports could add to the raw material pressure affecting domestic rebar, Kallanish learns from market sources. On-going decreases in scrap are testing domestic rebar’s current level of $600-620/short ton for #4 product in 20-foot sticks. While rebar has been more resilient than other products – notably flats – due to relatively robust construction demand, pressure seems to be mounting on multiple ronts. “Nothing new to…
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