Reinforcing bar steel prices and demand in the United States were steady week on week, market participants said.
Fastmarkets' price assessment for steel reinforcing bar (rebar), fob mill US held at $29.75 per hundredweight ($595 per short ton) on Wednesday October 7.US market"I don't see any downward pressure," a mill source said. "We expect steady to up on prices."Indeed, prices for shredded auto scrap, delivered mill Chicago - a key feedstock material in the...