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10 Aug

US domestic rebar market appears stagnant: Irepas

The International Rebar Exporters and Producers Association's (Irepas) latest short-range outlook suggests that business in the domestic US rebar market remains stagnant through the beginning of this month. The association attributes this stagnation to a combination of factors, including slowing demand, decreasing supplies and higher interest rates. Kallanish notes that rebar spot pricing in the US fell slightly, by $10/short ton, this week after several …
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