Merchant bar prices up, but market wary
Feb 14, 2014 | 01:07 PM
| Thorsten Schier
NEW YORK Merchant bar prices have risen despite falling scrap tags due to an early February increase by domestic mills, but sources are unsure how long that can last in light of raw material declines.
"Prices have gone up, but I think the jury is out now that scraps going down," one Midwest service center source told AMM.
Demand is also becoming less robust, "especially with certain slow markets weve been having. I mean constructions stuck in the mud right now," the source added.....
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.