Rebar imports eye post-summer fall
Apr 23, 2012 | 02:41 PM
| Catherine Ngai
Tags
rebar,
steel imports,
reinforcing bar,
traders,
steel prices,
Catherine Ngai
NEW YORK — U.S. reinforcing bar imports will continue to be strong into the summer due to orders booked in early 2012, buyers and traders said. But those numbers could drop in the fall as the market is now seeing fewer competitive offers.
"There’s a big risk about imports right now," one buyer said. "When we talk about rebar, we’re talking about July (delivery) and it’s still April. Not many people want to buy product three to four months out when the waters ahead are murky."....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute — no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Subscribe Now
Click Here
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.
Take a Free trial
Click Here