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01 Feb
13:29

Singapore, Hong Kong rebar import markets slow down

The rebar import markets are quiet in Singapore and Hong Kong, Kallanish notes. Offer prices are being maintained. However, many suppliers and buyers are less active ahead of the Lunar New Year, which commences on 10 February. A Malaysian mill’s offer for theoretical-weight rebar is unchanged at around $570-575/tonne trucked to Singapore, equivalent to $565-570/t cfr Singapore. "The market is very quiet," a Singapore importer says. But he hear…
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