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07 May
21:42

US rebar pricing holds steady for 6th week

US rebar prices are flat week-on-week, with many players in a holding pattern whilst awaiting fresh supply-and-demand clues and the direction of US scrap trade for May, Kallanish hears from market participants. Pricing for US domestic #4 rebar in 20-foot sticks is unchanged for the sixth consecutive week, in the range of $830-840/short ton. “The rebar market activity is very slow,” says a northeastern fabricator and distributor. The source adds that r…
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