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20 Aug
20:59

US rebar pricing flattens in summer order lull

US domestic rebar prices are unchanged for the third consecutive week, as they work through a seasonal vacation period, sluggish scrap market sentiment and lack of a fresh demand spark, Kallanish hears from market participants. Pricing for US domestic #4 rebar in 20-foot sticks is unchanged on the week, maintaining a range of $750-$760/short ton. Heading to September trade, sentiment remains weak in the US scrap market. Although US domestic scrap prices avoided …
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