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15 Aug

US rebar spot pricing stabilises

Spot pricing for US domestic rebar appears stable this week after falling by $10/short ton during the previous week. "Construction is still strong, but buying activity has quieted down for August" says a northeastern rebar distributor. He believes that market conditions will remain similar to the current environment as the fall season approaches. Pricing for domestically produced #4 rebar in 20-foot sticks being sold in US spot markets, as maintained by…
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