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    Steel Products

    CMC’s Buy of Gerdau Assets Raises Prospects of a Rebar Price Hike

    Written by Tim Triplett


    By CRU Steel Analyst Ryan McKinley

    CMC’s expanded footprint across the United States, following its acquisition of Gerdau’s assets, raises the probability that a rebar price increase is on the horizon. That said, price increases may be short-lived as Nucor works to bring two of its newest micro mill projects online in 2019.

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