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03 Oct

US rebar market experiences seasonal slowdown

US rebar spot-market prices are holding firm for the opening days of October, after pricing dipped by $20/short ton last month in response to the beginning of the United Auto Workers strike, which unnerved some broader steel market participants. In response to a question regarding the potential effects of an ongoing UAW strike on domestic rebar markets, a northeastern distributor tells Kallanish that the strike "hasn't had an impact on current dā€¦
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