30
Apr
21:29
US rebar pricing holds steady, pressured by imports
US rebar prices are flat week-on-week, as they contend with a weaker macroeconomic tone, a wave of import arrivals and a steady US scrap market outlook, Kallanish hears from market participants.
Pricing for US domestic #4 rebar in 20-foot sticks is unchanged in the range of $830-840/short ton.
Elevated interest rates combined with softer US housing data offer headwinds for the US rebar market. Whilst those headwinds appear to be keeping the market quiet, they hav…
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Anonymous
Very good overview of the weekly steel market.
Anonymous