30
Jul
21:34
US rebar prices flatten before August scrap trade
US domestic rebar prices are flat week-on-week, as market participants await any catalyst to encourage fresh buying or indications of strength in August scrap trade, Kallanish hears.
Pricing for US domestic #4 rebar in 20-foot sticks is unchanged, maintaining a range of $750-$770/short ton. This marks a decline of 13.3% year-to-date.
US market participants expect scrap prices to remain firm or even strengthen for certain grades, with August trading around the cor…
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Anonymous
Very good overview of the weekly steel market.
Anonymous