CRSI expecting stronger rebar demand in ’14; buyers wary

Oct 18, 2013 | 06:00 PM | Samuel Frizell

Tags  Concrete Reinforcing Steel Institute, CRSI, rebar, consumption, forecast, Portland Cement Association, PCA, Robert Risser Nucor

NEW YORK — The Concrete Reinforcing Steel Institute (CRSI) is forecasting moderate growth in rebar consumption this year and a significant increase for 2014, but some rebar market sources expressed skepticism about the data.

The CRSI projects rebar demand at 7.45 million tons for the year, up 4 percent from last year, CRSI president Robert Risser told AMM in an e-mail. Demand will likely rise to about 8.2 million tons in 2014.....

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