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14 Jul
11:24

Singapore rebar import market dips slightly

The rebar import markets in Singapore and Hong Kong remain quiet and sluggish, Kallanish notes. Limited supply of imports appears to be lending price support despite poor market sentiment for long products in the region. Small-tonnage deals for Malaysian theoretical-weight rebar for September shipment were concluded at $640/tonne cfr Singapore this week, Singapore trading sources report. Two Singapore stockists are heard to have placed orders. The typica…
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