03
Dec
16:35
US rebar prices move south
US rebar prices retreated last week as the market continues to stagnate, Kallanish hears from market sources.
Kallanish moved its assessment for #4 rebar in 20-foot sticks Tuesday to $580-600/short ton. All prices are ex-works, domestic mill.
Despite a roughly $30/st increase in scrap and gains in other products – notably sheet – rebar prices are trending down after a long plateau around $600/st.
“There are indications of scrap trying to …
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Anonymous
Very good overview of the weekly steel market.
Anonymous