Merchant bar mills said sticking to guns on hike

Nov 22, 2013 | 11:29 AM | Thorsten Schier

Tags  merchant bar, angles, channels, flats, bar prices, Thorsten Schier

NEW YORK — Merchant bar mills are sticking to their guns on a recent $20-per-ton ($1-per-hundredweight) increase, sources told AMM this past week.

"Everybody went along," a source at an East Coast distributor said.

A Midwest distributor source attributed the firm stance to rising scrap prices rather than a pickup in demand. "Historically, this time of the year scrap gets strength. It (the increase) is not being so much demand driven," he said.....

Latest Pricing Trends


Are you stocking more inventory today than 18 months ago?


View previous results