Cheap rebar imports hit mills’ margins
Nov 19, 2013 | 05:49 PM
| Samuel Frizell
NEW YORK U.S. rebar producers margins on operating income fell in the first six months of 2013 compared with the same period last year, according to a report released by the International Trade Commission (ITC), as domestic producers lost market share to importers.
The industrys margins on operating income were 3.7 percent in the first six months of the year, down from 5.4 percent in the same year-ago period. Unit operating income for domestic mills was $23 per ton of rebar sold compared with $36 per ton in the same comparison. ....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.