Forecasts and market analysis based on price assessments from Fastmarkets MB and Fastmarkets AMM

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May 2019 | North American Steels

US long prices pushed down by lower scrap costs, high inventories: US Long Product Highlights

With orders coming in slower than anticipated, partly due to customers looking to work down their inventories, US rebar prices have moved down to $685-705/short ton – and as low as $680/ton for larger orders – compared with $705-730/ton a month ago.

There are several conflicting signals...


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