18
Jan
11:31
East Asian rebar import market drifts on uncertainty
The rebar import market continues to drift in Singapore on market uncertainty, volatile Chinese steel futures, and few signs of improved steel demand in the region, Kallanish notes. Suppliers are maintaining offers because of high-priced raw materials.
A Malaysian mill’s offer for theoretical-weight rebar is maintained at around $570/tonne trucked to Singapore, equivalent to $565/t cfr Singapore. This would apply for minimum 10,000-tonne orders. This of…
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Anonymous
Very good overview of the weekly steel market.
Anonymous