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Rising US rebar demand fails to improve thin margins
April 16, 2013 - 17:45 GMT
Concrete Reinforcing Steel Institute
Rebar demand in the USA is improving, but the rebar market continues to battle narrow profit margins and capacity under-utilisation, Bob Risser, president and ceo of the Concrete Reinforcing Steel Institute (CRSI), told Metal Bulletin sister publication AMM.
The improvement is coming as the construction market
recovers from the recession five years ago, he added. "Things
are loosening up a little in the bidding. We’re
kind of out of the woods and the independent fabricators are
going to survive this," Risser said. "[But] I’m
almost universally hearing from people across the board, both
big and small,...
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