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The rebar import market in Singapore and Hong Kong has risen further, Kallanish notes. Recent deals in the two regions reflect importers’ acceding to sharp price hikes. A 20,000-tonne lot of Malaysian-origin blast furnace theoretical-weight rebar was booked at $645/tonne delivered to Singapore this week. This would be equivalent to around $635/t cfr Singapore. The same Malaysian mill also sold another lot, for 30,000t of actual-weight rebar at $645/t cf…
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Anna Low Singapore
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