Sources reported persistent low availability from mills, long lead times and no room for discounts. Most suppliers, they said, were offering and selling at similar, higher prices.
Fastmarkets’ price assessment for steel reinforcing bar (rebar), domestic monthly, delivered Brazil was 4,495-4,575 Reais ($829-844) per tonne on Friday January 8, up from 3,800-3,945 Reais per tonne on December 11, its...