Rebar prices softening amid patchy demand

May 10, 2013 | 02:05 PM | Samuel Frizell

Tags  rebar, steel, scrap surcharge, Nucor, Gerdau Long Steel North America, rebar prices, Samuel Frizell

NEW YORK — Reinforcing bar demand remains spotty nationwide, with some regions seeing a flurry of activity and others reportedly thirsty for work.

"There are pockets of activity but there are pockets of desperation," one rebar fabricator in Ohio said.

U.S. demand for rebar has been erratic and highly variable based on region, with areas of the Northeast and the Mid-Atlantic fighting for orders, and Texas and some West Coast states riding a wave of activity, according to both buyer and seller sources.....

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