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Movement in the US rebar market slowed this week as bidding begins to quiet down ahead of the Fourth of July holiday. According to a rebar distributor in the Northeast, rebar prices held flat this week after the lower-end of pricing firmed up by $10/short ton during last week. "Nothing has changed much in the market from last week, but buyers are eagerly looking ahead towards July's scrap trading," the distributor says. Buyers hope that falling scr…
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