US domestic rebar price flat, import price widens lower

Domestic reinforcing bar prices and demand in the United States were stable week over week, sources told Fastmarkets.

Fastmarkets’ price assessment for steel reinforcing bar (rebar), fob mill US held at $29.75 per hundredweight ($595 per short ton) on Wednesday September 30, down by 0.8% from $29.50-30.50 per cwt at the beginning of the year.
US market
Overall market dynamics held steady heading into the final months of 2020, according to sources.

“[Demand is] better now than it was [during the summer] as we head into the late fall rush when customers push to get concrete poured before winter sets in,” one consumer...

Published

Patrick Fitzgerald

October 01, 2020

22:19 GMT

New York