08
Mar
21:27
Pressure builds in US rebar market
Concerns continue to grow in the US rebar market, with participants bracing for higher pricing in the near future.
According to a Northeast distributor, rising scrap and downstream steel prices in combination with sustained domestic demand and increasing transportation costs have increased the likelihood of rising domestic rebar pricing in the US.
"[Rebar's] pricing is likely to increase in the coming weeks as rising scrap prices take hold in the market,…
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Anonymous
Very good overview of the weekly steel market.
Anonymous