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13 Aug
22:01

US rebar prices flatten in quiet trading

US domestic rebar prices are holding steady this week, as market participants work through a flat US scrap market and quiet seasonal order flow while searching for a positive macroeconomic shift, Kallanish. Pricing for US domestic #4 rebar in 20-foot sticks is unchanged week-on-week, maintaining a range of $750-$760/short ton. This marks a decline of 12.7% year-to-date. Upstream, the US ferrous scrap market is exhibiting no pronounced change for August trading, p…
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