09
Jul
21:15
US rebar prices hold steady, awaiting scrap settlement
US domestic rebar prices are unchanged once again week-on-week, while market participants anxiously await the July scrap pricing outcome and fresh demand cues, Kallanish hears.
Pricing for US domestic #4 rebar in 20-foot sticks is maintaining the range of $760-$780/short ton. Prices are down 11% year-to-date.
Domestic scrap prices, which are expected to fully settle imminently, are being hit by the decline in hot rolled coil values and weak steel markets. They w…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous