US domestic rebar prices have remained stable for the fifth consecutive week, holding steady at approximately $890 to $900 per ton as of late October. This stability comes amid a slowdown in construction activity, attributed to seasonal factors. Market participants have noted signs of improving sentiment, with some indicators suggesting a potential recovery in consumer activity.

Despite the flat pricing, distributors are cautious, having fulfilled most of their orders for the year. They are managing inventories carefully, aiming to create a controlled supply that could stimulate demand. However, the overall market remains subdued, with expectations that prices may either hold steady or see slight declines in the short term.

In contrast, global rebar prices have shown slight increases in other markets, such as Turkey and China, driven by different economic conditions. The US market's stability contrasts with these trends, highlighting a unique situation in the domestic rebar landscape as it navigates seasonal slowdowns and fluctuating demand dynamics.