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01 Sep
21:32

Steel Dynamics hikes rebar pricing by $50/st

US steel producer Steel Dynamics Inc has raised its rebar pricing by $50/short ton in September, Kallanish learns. In a letter sent to customers, Steel Dynamics announced the $50/st price hike on rebar for all new orders effective immediately. According to a Northeast rebar distributor, other US mills have yet to follow in Steel Dynamic's footsteps despite strong demand in the market. "Rebar remains around the $985-995/st price range, still be…
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