22
Mar
19:30
Nucor raises rebar $40/st
US rebar prices appear to be moving up, Kallanish reports.
A representative letter from Nucor signals a $40/short ton increase in base prices, effective with new orders back-dated to 19 March. Extant shipments will be price-protected through 25 March.
The increase is expected to be supported by other domestic producers.
“As always, we will monitor the marketplace and respond accordingly in order to assure you of receiving a competitively priced produ…
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Anonymous
Very good overview of the weekly steel market.
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