04
May
14:55
Rebar, billet import markets soften in ASEAN
Offer prices for imported rebar continue to fall in Singapore and Hong Kong, Kallanish notes. Both rebar and billet import markets in ASEAN have been hit by weak demand and negative sentiment. Billet prices are likely to come off further because of the drop in Chinese domestic prices.
A Malaysian mill’s theoretical-weight rebar has dropped to $595/tonne delivered by truck to Singapore – or $585/t cfr – down $10 from last Thursday. In Hong Ko…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous