US domestic rebar price flat; import price rises

Prices for steel reinforcing bar in the United States have remained stable, with market participants sharing mixed sentiments about the possibility of a looming upswing.

Fastmarkets’ weekly assessment for steel reinforcing bar (rebar), fob mill US was steady at $41.75 per hundredweight ($835 per short ton) on Wednesday April 21, unchanged since March 10. US market Some sources continued to hear market chatter about mills increasing rebar prices shortly, but were mixed on how this may play out. “Rebar’s positioned to climb further,”...

Published

Abby Verret

April 22, 2021

18:23 GMT

Seattle