23
Aug
21:35
US rebar prices hold, sentiment returns to normal
Pricing for domestic rebar in the US held flat this week after rising by $10/short ton in the previous week after the signing of President Joe Biden's Inflation Reduction Act.
According to a rebar distributor in the northeastern US, sentiment in the market has returned to normal levels after the passage of the act boosted optimism earlier in August.
"Business remains strong and demand will likely continue to hold at similar levels throughout the month of…
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Anonymous
Very good overview of the weekly steel market.
Anonymous