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31 Oct

US rebar pricing holds steady on-week

Rebar spot pricing in US markets is flat week-on-week, after increasing by $10/short ton in the previous week. Market participants speculate that rebar prices will likely continue to hold steady at current levels over the coming weeks. The pricing assessment for domestically produced #4 rebar in 20-foot sticks sold in US spot markets is unchanged this week at a range of $890-900/st. One northeastern rebar distributor says rebar prices "will likely hold …
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