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28 May
22:23

US rebar pricing holds steady on-week

US rebar prices are flat week-on-week, with slow business conditions, but there’s hope that a bottom could be close at hand, Kallanish hears from market participants. Pricing for US domestic #4 rebar in 20-foot sticks is unchanged this week in the range of $790-810/short ton. The US rebar market contends with a sluggish trading environment, sources say. Upstream, the US scrap market reports flat to somewhat softer sentiment and slow trading activity, influr…
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