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24 Aug

Singapore, Hong Kong rebar import market moves sideways

The rebar import market in Singapore and Hong Kong continues to be soft this week, Kallanish notes. Theoretical-weight rebar from Malaysia is offered at $545/tonne delivered by truck (dap) to Singapore, or $535/t cfr Singapore, unchanged from last week. Trades could possibly take place at $540/t dap, a Singapore trader says on Thursday. A Chinese trader hears that theoretical-weight rebar from Qatar is offered at around $535/t cfr Singapore, but others do not…
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Anna Low  |  Singapore
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