Steel rebar purchasing co-op gaining traction

Mar 01, 2013 | 04:50 PM | Samuel Frizell

Tags  Independent Steel Alliance, ISA, rebar puchasing cooperative, rebar fabricators, Chris Carey, Steel Dynamics Inc., Salit Specialty Steel, Byer Steel 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.

"We’ve 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 (, Jan. 23).....

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