07
Dec
11:13
Rebar prices creep up in Singapore, Hong Kong
Rebar prices continue to creep up in Singapore and Hong Kong, Kallanish notes. A stronger Chinese steel futures market and firm raw materials are fuelling price hikes.
A Malaysian mill’s offer for theoretical-weight rebar was raised further this week to around $560-565/tonne delivered by truck (dap), which would be equivalent to around $555-560/t cfr Singapore. This is $5/t higher than the offers heard last week at around $555-560/t dap. The m…
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Anonymous
Very good overview of the weekly steel market.
Anonymous