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05 Sep

US rebar market activity resumes after Labor Day

US rebar market activity is returning to normal after the long Labor Day holiday weekend, but average spot pricing remains unchanged from mid-August levels. "Order fulfilments started up, again, today but we're seeing a winding down in new order inquiries ahead of the fall construction season," a northeastern rebar distributor said on Tuesday. He speculates that many contractors have secured their necessary inventories for the remainder of this year&…
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