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SDI unit holds bar prices flat for July

Keywords: Tags  Steel Dynamics, SDI, Roanoke Bar Divison, rebar, merchant bars, scrap, Nucor, Gerdau bar prices

NEW YORK — Steel Dynamics Inc.’s (SDI’s) Roanoke Bar unit in Roanoke, Va., has held its July prices flat for all products, the company said in a July 8 letter to customers.

"Steel Dynamics’ Roanoke Bar division reserves the right to be competitive in the marketplace where necessary," the company said.

The announcement for bar prices comes after Nucor Corp. and Gerdau Long Steel North America separately announced flat pricing on concrete reinforcing bar and merchant bars for July (, July 5 and July 1).

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