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21 Sep

Rebar exporters hike offers to Singapore, Hong Kong

Rebar offer prices have risen slightly in Singapore this week, Kallanish notes. The market is quiet with no trades heard taking place. A Malaysian mill’s offer for theoretical-weight rebar is at $545/tonne delivery by truck (dap), which would be equivalent to $540/t cfr Singapore. The mill’s offer is $5/t higher than last week. A leading Vietnamese mill’s export offer at $545-550/t cfr is up by $5-10/t from last week. Offers for unspecified…
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