Steel rebar purchasing co-op gaining traction
Mar 01, 2013 | 04:50 PM
| Samuel Frizell
NEW YORK A two-month-old steel purchasing cooperative for independent reinforcing bar fabricators is picking up speed, participants told AMM, with the handful of suppliers already on board reporting a pick-up in ordering activity from member rebar fabricators in what is traditionally a slow season for long products.
"Weve gotten some business from people we had not done business with (before joining the co-op)," said Parker Arthur, sales manager at Steel Dynamics Inc.s Roanoke Bar division, a supplier to the Independent Steel Alliance (ISA) co-op.
A source at another ISA supplier who declined to be named said his company has also seen an uptick in buying activity from member fabricators since joining the co-op, which was incorporated in May 2012 and officially launched Jan. 1 (amm.com, Jan. 23).....
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