Rebar market upbeat on construction for '14

Dec 30, 2013 | 01:13 PM | Samuel Frizell

Tags  rebar, rebar outlook, construction market, rebar mill, Associated General Contractors of America, Gerdau Long Steel North America, 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.

"We’re doing better business. This year we’ll 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.

"It’s 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. I’ve got customers talking about projects they’re going to do. There are jobs that have finally started to go through the stream. People are hiring people, they’re spending more money. It’s not like it was five years ago, but it’s better in....





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