US domestic rebar prices flat; imports down

Domestic steel reinforcing bar prices in the United States were flat in the week to Wednesday September 8, while imported rebar prices slipped.

Fastmarkets’ assessment for steel reinforcing bar (rebar), fob mill US was $49.25 per hundredweight ($985 per short ton) on Wednesday, unchanged since August 11 but up by 68.38% from $29.25 per cwt at the same time last year. US market Market participants largely feel the market has peaked or is close to its apex. The consensus remains that unless other...

Published

Abby Verret

September 09, 2021

21:02 GMT

Seattle