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31 Mar
13:11

East Asian longs import markets move sideways

The rebar and wire rod import markets in East Asia are generally steady this week, Kallanish notes. Most offer prices are unchanged from last week while regional buying interest is still patchy. Regional mills and traders offered 6.5mm diameter blast furnace wire rod from Malaysia and Indonesia at $855-865/tonne cfr Manila, unchanged from last week. Manila trading sources report hearing that some deals for Indonesian wire rod were struck at $850/t cfr. &ldquo…
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