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24 Dec
18:01

US rebar pricing experiences small holiday bump

US rebar pricing recovered somewhat ahead of the Christmas holiday last week, but announced increases were still not taking hold, Kallanish learns from market sources.  Pricing for #4 rebar in 20-foot sticks returned to its previous level of $590-610/short ton after a dip to $570-590/st, largely due to organic supply and demand factors.  Announced increases of up to $40/st, however, were still not gaining traction in the market at large, says one buyer.…
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