03
Nov
11:54
ASEAN rebar import market stalls amid price gap
The rebar import market in Singapore and Hong Kong is soft. But as prices are not coming down as quickly as for wire rod, no deals are heard to have concluded this week, Kallanish notes.
A Malaysian mill’s offer price for blast furnace theoretical-weight rebar is heard at $560/t delivered to Singapore, down $25 from last week. This would be equivalent to $560/t cfr. Offers for Middle Eastern rebar are now at $560/t cfr, down from $570-575/t cfr las…
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Anonymous
Very good overview of the weekly steel market.
Anonymous