19
Nov
21:12
US rebar prices maintain plateau
US rebar prices continued to tread water last week due to lacklustre market conditions, Kallanish reports.
Kallanish held its assessment for #4 rebar in 20-foot sticks Tuesday at $590-610/short ton. All prices are ex-works, domestic mill.
One buy-side source says the market has essentially plateaued over the last several weeks due to relatively low transaction volumes.
Mills are not eager, he says, to attempt an increase even with the added pressure from s…
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Anonymous
Very good overview of the weekly steel market.
Anonymous