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05 Sep
21:48

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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