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30 Apr
21:17

US domestic rebar remains stable as inventory, demand meet

An uptick in spring construction has inventories starting to move, but it has yet to pressure domestic rebar prices, Kallanish reports. A Midwest source says the wet weather that dampened spring construction early on has faded and less rain means more activity. “We are finally seeing some movement on build projects, as things dry out. Our winter inventory is holding up and for the time being, prices are holding firm. We are still getting 20-foot sections o…
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