05
Mar
21:44
US rebar imports will balloon in April: sources
US rebar prices are unchanged week-on-week, with bearish sentiment toward March scrap already priced in and a slow import market this month, Kallanish hears from market participants.
The price range for US domestic #4 rebar in 20-foot sticks remains $850-870/short ton.
“[There is a] lack of imports keeping domestic pricing stable through March," says a mid-Atlantic distributor. "Imports hit in April, with four delayed vessels expected."…
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Anonymous
Very good overview of the weekly steel market.
Anonymous