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The Southeast Asian long products import market is in disarray, Kallanish understands. Sellers have different views on where the market is heading, while buyers are confused by the lack of market direction and are holding back their purchases. Offer prices from traders for regional 6.5mm diameter wire rod for January shipment are this week at around $555-560/tonne cfr Manila, from around $560/t cfr Manila last week. These are mostly open-origin offers, for either …
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Anna Low Singapore
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