Gerdau keeps rebar, merchant prices steady

Mar 10, 2014 | 01:36 PM | Stacy Irish

Tags  Gerdau Long Steel North America, rebar, merchant bar, bar prices, construction, Stacy Irish

NEW YORK — Gerdau Long Steel North America is holding the line on its merchant bar and concrete reinforcing bar product prices despite slack construction demand.

However, “transactional prices might vary due to fuel surcharge and freight rate changes that might occur,” Gerdau said in a letter to customers dated March 7, adding that it will continue to monitor the market to ensure it and its partners remain on a competitive playing field.....

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