04
Apr
21:47
US rebar prices hold at beginning of April
Rebar spot pricing in the US is flat during the first week of April, as sentiment in the domestic scrap market appears to have weakened for this month's trading. This latest shift in momentum comes after rebar's spot pricing rose by $20/short ton at the end of last month.
A Northeastern distributor previously indicated that a domestic mill price hike was likely to happen in April. However, he has become increasingly uncertain whether a price increase …
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Anonymous
Very good overview of the weekly steel market.
Anonymous