Rebar mills up prices, buyers wait for shakeup
Nov 08, 2013 | 05:59 PM
| Samuel Frizell
NEW YORK Price increases by U.S. rebar mills of between $10 and $20 per ton have yet to filter into the marketplace as buyers await a shakeup.
Rebar buyers largely havent yet paid the recent round of increases by domestic mills as they wait to see where prices move.
"Things are moving fast. The rebar mills have been skirting about the issue, but theyre going to have to do something. But I cant say exactly what," one mill source said. "How it shakes up, only time will tell."....
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