29
Nov
09:12
ASEAN longs import market drifts on limited buying
Rebar and wire rod exporters to ASEAN are still keeping offers firm despite the lack of support from buyers, Kallanish notes. Higher-priced raw materials and an improved Chinese domestic steel market are behind the firm offers. However, buyers are delaying their buying as regional demand for construction long products remains quiet.
A Malaysian mill’s offer for theoretical-weight rebar is this week at around $555-560/tonne delivered by truck (dap),…
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Anonymous
Very good overview of the weekly steel market.
Anonymous