07
Mar
10:38
East Asia rebar market slips further
The East Asian rebar import market remains soft, Kallanish notes, amid buyers' bearishness and a market slowdown in China.
A Malaysian mill’s direct offer for theoretical-weight rebar for April delivery has fallen to $555/tonne trucked to Singapore, for orders of minimum 10,000 tonnes. Its offer was at $560/t cfr Singapore last week. Tonnages below 10,000t could be offered higher.
It is quiet in Singapore, an importer says. The market is awaiting …
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Anonymous
Very good overview of the weekly steel market.
Anonymous