Rebar demand fails to improve thin margins

Apr 15, 2013 | 04:38 PM | Samuel Frizell

Tags  rebar, Concrete Reinforcing Steel Institute, Bob Risser, consumption, construction, margins, CMC, Samuel Frizell

NEW YORK — Five years after the recession pounded the steel industry, domestic concrete reinforcing bar demand is steadily improving as construction recovers, but the rebar market continues to battle narrow profit margins and capacity underutilization, Concrete Reinforcing Steel Institute (CRSI) president and chief executive officer Bob Risser told AMM.

"Things are loosening up a little in the bidding. We’re kind of out of the woods and the independent fabricators are going to survive this," Risser said. "(But) I’m almost universally hearing from people across the board, both big and small, the margins have not come along with that at all."....

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