27
Oct
13:29
East Asian rebar import market enters lull
Buying interest is thin for rebar imports in Singapore and Hong Kong this week, Kallanish notes.
The market mood is gloomy, a Singapore trader says. There is no buying interest because buyers prefer to “wait and see”, he adds. Prices have softened by $10/tonne since the start of this month, he adds.
A limited size range of 16-32mm diameter theoretical-weight rebar from China is offered at $560/t cfr. A Malaysian mill is indicating an offer p…
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Anonymous
Very good overview of the weekly steel market.
Anonymous