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Instead of taking losses on rebar for the next 8weeks many steel...

  1. Troydt
    4,379 Posts.
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    04/08/24
    16:39
    Post #: 75063680
    Instead of taking losses on rebar for the next 8weeks many steel producers have brought forward maintenance to now.

    Then start producing the new spec rebar as of mid september.

    I have been trying to get a gauge of what rebar producers are offering. It seems Grade 3 rebar still be offered

    https://m.made-in-china.com/amp/product/The-Standard-Rebar-Specification-Rebar-Grade-40-G75-HRB400-Steel-Rebar-Price-Per-Ton-1957979922.html



    Last edited by Troydt: 04/08/24
    AVL Price at posting: 1.6¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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