NEW YORK Steel Dynamics
Inc.s (SDIs) Roanoke Bar unit in Roanoke, Va., has
lowered its price for all products by $20 per ton ($1 per
hundredweight) effective with May 2 shipments.
"Steel Dynamics Roanoke Bar
division reserves the right to be competitive in the
marketplace where necessary," the company added in its May 3
letter to customers announcing the move.
The drop in bar prices comes after Nucor Corp. and Gerdau
Long Steel North America separately dropped their prices on
concrete reinforcing bar and merchant bars by $20 per ton last
amm.com, May 3).