02
Dec
08:44
Singapore, Hong Kong rebar import markets slide
East Asian import markets for rebar are falling, Kallanish notes. The approach of the winter season in China and Covid-related uncertainties are contributing to the market weakness.
In Hong Kong, a 25,000-tonne Indian-origin rebar January-shipment parcel concluded this week at $710/tonne cfr and a 50,000t Qatar-origin cargo at $715/t cfr. Both are actual-weight cargoes. Indian rebar is now offered at $705-710/t cfr, a trader in Hong Kong says. Traders ar…
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Anonymous
Very good overview of the weekly steel market.
Anonymous