31
Jan
21:39
Rebar spot price range widens in US
The pricing floor for rebar has slipped, expanding the spot price range in the US this week.
Kallanish understands that buyers are looking to take advantage of uncertainty in the market and secure lower-priced orders before rising scrap prices impact mills' pricing.
"We're seeing offers from contractors for as low at $920/short ton," says a Northeastern rebar distributor. However, he adds that many contractors are still willing to pay…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous