28
Jul
14:32
Distressed rebar, billet parcels appear in Singapore
The arrival of distressed parcels of rebar and billet in Singapore this week reinforces the weakness of the long products import market, Kallanish notes. The rebar import market in Singapore has slipped lower.
One supplier was asking market participants to give bids for rebar from Oman which is already in Singapore. “I think it would be for 10,000-15,000 tonnes,” says a Singapore trader. The buyer could have reneged because the speed of falli…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous