Reinforcing bar prices in the United States continue to drive higher due to price increases announced by domestic mills earlier this month, sources told Fastmarkets.
Fastmarkets' assessment for steel rebar, fob mill US was at $29.75 per hundredweight ($595 per short ton) on Wednesday September 16, up by 1.7% from $29.25 per cwt last week and by 6.3% from $28 per cwt on September 2.Fastmarkets' latest assessment indicates that $1.75...