05
Mar
17:23
US rebar price hike precedes spring construction cycle
As preparations for the spring construction season begin, several US domestic mills have announced price hikes for rebar, Kallanish reports.
Prior to the increases, Kallanish had domestic rebar prices at $710-720/st. Prices are updated each Tuesday.
Signs around a price shift in rebar have been appearing in recent weeks. Scrap prices have bounced back from a year-end slump and import prices have come up to $690-700/tonne since the end of January. Inventories …
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Anonymous
Very good overview of the weekly steel market.
Anonymous