Archive for June 12th, 2008
Nucor seeks to push rebar to $920/ton
With construction activity down by about 3% this year, demand for carbon steel reinforcing bar is down by 6.5%, yet the rebar sales-price average of $867/ton in May is higher than some analysts had expected. Now, because of still-high scrap prices, Nucor is seeking to raise rebar prices to $920 for deliveries in July from [...]
Posted: June 12th, 2008 under Steel News, Steel Prices.
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