US merchant bar steady as discounts disappear

摘要

US merchant bar prices have remained steady since domesticmills cut prices by $60 per ton in mid-September and crackeddown on discounts, market participants said.“I tried to get some newer discounts, but the mills have not beenbudging,” said one northeastern service center source who buyssignificant tonnage. “So if someone has a discount out there,they’re definitely a smoother talker than me.”He plans to stick with domestic purchases through the balance of2017, unless an import price that is “very advantageous” comesacross his desk. He hasn’t seen competitive import prices sinceAugust.