14
Jul
21:03
US rebar prices continue downward
US rebar prices trended downward for the second week in a row, Kallanish reports.
According to market sources, the US rebar spot price range has fallen about $5/short ton since the week prior. This marks the second consecutive week of price decreases after a $10/st decrease last week.
A Northeast distributor currently places rebar in the $575-585/st price range.
"Demand increased throughout May and June, but market uncertainty caused by the potential of mor…
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Anonymous
Very good overview of the weekly steel market.
Anonymous