Market Update
Month End Rebar Notes
As August draws to a close, the dominant storyline in the rebar market remains a stubborn tight supply situation. Domestic mills were expected to catch ...
Rebar Price Announcement
Late last week, a leading rebar manufacturer followed the earlier move last week by re-establishing the $3.00/cwt size extra on sizes #3, #14 & #18. ...
Price Announcement – Size Extras
Overnight, a leading manufacturer came out with a unique public announcement affecting only certain-sized extras for its rebar products. The announcement was an “update” to ...
Scrap Final for July
Late last week, before the holiday weekend, scrap for July posted at no change from June ($380/ton). This was a relative “non-event,” as most had ...
Month End Rebar Comments
As June closes, so does the first half of the year. Many would agree that while demand is not terrible, the spark that everyone expected ...
Update – Scrap Finalizes and Mills Increase Pricing
The news keeps rolling in this week. Chicago shredded scrap finalized last night at $380/ton, with no change from March pricing. Compared to prior months, ...
