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30 Jun
13:41

East Asian rebar import market slips further

The rebar import markets in Singapore and Hong Kong are weak and suppliers have reduced prices to close deals, Kallanish notes. Malaysian-origin actual-weight rebar is heard by trading and importing sources to have been booked recently at $665/tonne cfr Hong Kong. “I heard this but I could not confirm the deal,” a Hong Kong buyer says. Earlier this week, a purchase for 50,00 tonnes of actual-weight Turkish rebar for September shipment to Hong Kong took…
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