US merchant bar prices rise in November

Prices for domestic and imported merchant bar quality (MBQ) steel in the United States rose in November for the first time in two months on mill base price increases.

Fastmarkets’ monthly assessment for steel bar 2 x 2 x ¼-inch angle merchant products, fob mill US was $60.80 per hundredweight ($1,216 per short ton) on Monday November 29, up by 4.29% from $58.30 per cwt on October 29 and September 24. 

Fastmarkets’ monthly assessment for steel merchant bar, loaded truck Port of Houston for immediate delivery was $1,180-1,220 per ton ($59-61 per cwt) on Monday, up by 6.67% from $1,105-1,145 per ton...

Published

Robert England

November 30, 2021

19:03 GMT

New York