Market Update
October Scrap Posting – Final
October shredded scrap posted final this afternoon at $370/ton, down $10/ton from September. The downward move was the first change in scrap after 5 straight ...
September Month End Rebar Comments
Tight inventory supply and longer than expected lead times are dominating the news in the rebar market to close the month of September. Conditions failed ...
September Scrap Post Final
Yesterday, Chicago Shredded scrap posted a final price of $380/ton, unchanged from the previous 4 months. The 5-month streak is the most consistent streak in ...
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 ...