Rebar market upbeat on construction for '14
Dec 30, 2013 | 01:13 PM
| Samuel Frizell
NEW YORK Rebar mills and buyers are optimistic about the 2014 construction market and expect more robust activity after a year-end spurt of business in 2013 that saw prices and demand rise.
"Were doing better business. This year well have a pretty good shipping year. ... The economy is continuing to grow and next year for us will be better," according to one mill source.
"Its a much better outlook this year than it has been the last couple," one rebar distributor in the Midwest said. "My order books are stronger. Ive got customers talking about projects theyre going to do. There are jobs that have finally started to go through the stream. People are hiring people, theyre spending more money. Its not like it was five years ago, but its better in....
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