Merchant bar market steady, slowdown seen

Aug 30, 2013 | 03:34 PM | Thorsten Schier

Tags  merchant bar, angles, channels, flats, bar imports, domestic bar, merchange bar prices, steel bar Thorsten Schier

NEW YORK — The merchant bar market showed little change this past week, with reports mixed as most sources described business conditions as steady while some reported a recent slowdown.

"After Labor Day we might see some action," one East Coast distributor said, describing demand as "lackluster."

"Business has slowed down quite a bit in the last week and a half," a Midwest distributor added.

Sources in the East and Midwest said mills in their regions were producing more floor stock, as they aren’t cutting production even as activity levels have slowed.....

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