Merchant bar mart steady; Mexican bids loom

Jul 05, 2013 | 04:43 PM | Thorsten Schier

Tags  steel, steel long products, merchant bar products, pricing, Nucor Corp., angles, channelsw, flats scrap prices

NEW YORK — Market conditions in merchant bar were largely reported as steady this past week, although some sources are expecting a slowdown in demand.

"Every summer around this time there’s a slowdown. A lot of the large OEMs (original equipment manufacturers) slow down," one Midwest distributor said.

Domestic prices are flat, with market leader Nucor Corp., Charlotte, N.C., recently holding its prices unchanged for a third month in a row (, July 1).....

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