Prices for domestic and imported merchant bar quality (MBQ) steel in the United States again remained flat this month while market participants reported that demand was rising, although only modestly in some locations.
Fastmarkets' monthly price assessment for steel bar 2 x 2 x 1/4 -inch angle merchant products, fob mill US was $33.80 per hundredweight ($676 per short ton) on Friday June 26, unchanged from May and April; the price had held at $35.05 per cwt in January-March."Business has...