General Discussion

Although according to this snippet, the tariff sword of Damocles is a destabilizing issue.

Factors Driving U.S. Rebar Prices

Scrap Price Surge
Stable scrap prices in January shifted to a $40-50/t increase in February.
Low scrap stockpiles and harsh winter weather have contributed to rising costs.
Steel Mill Price Increases
Nucor and Gerdau Long Steel North America raised prices by $30/t in January, followed by another $40/t increase in February.
Buyers were divided on whether the increases would last, with some expecting stabilization.
Trade Policy Impact
A 25% tariff on imported steel under the Trump administration created uncertainty in the market.
Mexican and Canadian imports slowed, increasing reliance on domestic production