12
Dec
21:29
Mill hike announcements stabilise US rebar spot pricing
Spot pricing for domestically produced rebar sold in the US has held steady over the past week, putting an end to the trend of declining prices as multiple producers issued fresh $50/short ton price increases.
Nucor led the round of price hike announcements, notifying customers over the weekend of the $50/st increase for orders received after 8 December. Domestic competitors including Steel Dynamics, CMC and Gerdau Long Steel North America followed with largely id…
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Anonymous
Very good overview of the weekly steel market.
Anonymous