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The ASEAN import market for wire rod has seen deals take place at lower levels, Kallanish notes. Buying remains patchy despite some price stability in recent days. Some suppliers have started indicating higher offers. Several deals for SAE 1008 wire rod imports were heard concluded late last week and earlier this week at around $650/tonne cfr Manila. The origin of the wire rod is not specified and is at seller’s option, Manila traders say. But…
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Anna Low Singapore
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