23
Apr
20:11
Soft sales, prices define US rebar market
The domestic rebar market is being maintained by strong inventories as soft sales and slow distribution are signs of a sluggish economy. Middlemen are staying conservative and managing backlogs with existing inventories while prices remain unchanged, Kallanish learns from market sources.
“The rebar business has been busy for us, although there has been some softening on pricing for sure, but only a deal-by-deal basis. The mills will negotiate prices on lar…
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Anonymous
Very good overview of the weekly steel market.
Anonymous