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SDI to boost rebar, merchant prices

Keywords: Tags  Steel Dynamics, SDI, price increase, rebar, angles, channels, flats, rounds Roanoke

CHICAGO — Steel Dynamics Inc. (SDI) plans to increase prices on products from its Roanoke (Va.) bar division by $35 per ton ($1.75 per hundredweight) effective with shipments Dec. 1, according to a letter to customers, following similar hikes by other domestic mills (, Nov. 12).

The Fort Wayne, Ind.-based steelmaker’s Roanoke operation, which produces angles, channels, rounds, flats and reinforcing bar, has a production capacity of 650,000 tons per year.

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