STEEL Products
Market Report 1/17/11
Rebar prices continued to move up on news that the producers would be raising prices again in February based upon scrap steel prices. Gurdeau announced a $1.50 per cwt increase, followed by Nucor with a $.75 per cwt increase. Arcelor-Mittal (Border Steel) will increase their price $1.50. This time, however, we are not convinced that the increase will stick. News circulated that some importers were offering Turkish "futures" rebar for delivery in April at prices that were $2-$3 per cwt cheaper than domestic pricing. It will be interesting to see what happens next month.
In the meantime, call us with your rebar inquiries. We do have some tonnage sitting in different locations.
Kruse Enterprises proudly offers the complete line of roofing screws, roof jacks, closure strips and roof vents from SEALTITE Building Fasteners. Call Jeanie McCausland at 505-228-8748 for more information!
We're your BEST SOURCE for:
* Rebar
* Remesh
* Field Fence
* T-Posts
* Barbed and smooth wire
* Metal roofing screws, roofjacks and closure strips
* More.....CALL!