29
Feb
11:18
Rebar import markets weaken in Singapore, Hong Kong
The rebar import market has softened slightly after a large tonnage order for Vietnamese rebar concluded last week in Singapore and Hong Kong, Kallanish notes.
A Malaysian mill’s direct offer for theoretical-weight rebar for April delivery has fallen to $560/t trucked to Singapore, for orders of minimum 20,000t. “Seems that this is the cheapest option for spot deals at the moment,” a regional trader says on Thursday. Its offer last week was offi…
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Anonymous
Very good overview of the weekly steel market.
Anonymous