Rebar confidence picks up, hikes stick

Dec 23, 2013 | 02:01 PM | Samuel Frizell

Tags  rebar, rebar prices, steel mills, rebar buyers, Nucor, Samuel Frizell

NEW YORK — The rebar market is gaining confidence in the face of steady demand through the end of the year, with price increases implemented over the past two months taking hold, mill and buyer sources told AMM.

Staged price increases by mills have propeled the market steadily higher over the past two months, with the most recent being a $10-per-ton increase on Dec. 17 by Nucor Corp., Charlotte, N.C. (, Dec. 18).....

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