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02 Jun
17:05

Rebar import prices dip in Singapore

Rebar offer prices have fallen in Singapore from last week, Kallanish understands. The market remains soft with reports of sporadic buying. Offers of theoretical-weight blast furnace rebar from Malaysia and Vietnam for July shipment are prevailing at $730/tonne cfr Singapore. Last week, rebar from the same Malaysian mill was booked at $740/t cfr delivered Singapore. Middle Eastern mills are targeting to export theoretical-weight rebar at $735-740/t …
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