Market Update

Friday night, a major rebar manufacturer announced a $30/ton increase. Other mills have wasted little time to follow that move with increases of their own. ...

Scrap settled this month sideways at $370/ton (Chicago Shredded Index). This is unchanged from the previous month and was widely expected. The non-change will do ...

Like the holiday being celebrated today… The rebar market is experiencing its share of spooky supply situations. Tight supply continues to be the discussion as ...

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 ...

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 ...

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 ...