26
Jan
12:17
Rebar market in East Asia halts for holiday
The rebar import markets in Singapore and Hong Kong are quiet this week because many market participants remain on holiday for the Lunar New Year. Traders tell Kallanish they expect trading activity to resume next week.
Malaysian-origin blast furnace theoretical-weight rebar should be offered at about $645 -650/tonne delivered to Singapore, says a Singapore trader, but he admits that he was not active during the week.
Last week, a 20,000-tonne cargo of the same …
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Anonymous
Very good overview of the weekly steel market.
Anonymous