09
Apr
21:16
US rebar prices hold steady, interest-rate concern reported
US rebar prices are flat week-on-week, with apprehension surrounding project financing costs, scant import tonnage and steady scrap market sentiment after last month’s volatility, Kallanish hears from market participants.
Pricing for US domestic #4 rebar in 20-foot sticks remains in a range of $830-840/short ton.
“New construction project activity is slow to move, with some hung up on the math of elevated interest rates,” says a southeastern fab…
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Anonymous
Very good overview of the weekly steel market.
Anonymous