21
Dec
11:00
Singapore rebar import market enters lull
Rebar prices have remained unchanged in Singapore, Kallanish notes. The market is quiet because of the seasonal lull when market participants take year-end holidays.
A Malaysian mill’s offer for theoretical-weight rebar remains unchanged this week at $570/tonne trucked to Singapore, which is equivalent to $565/t cfr. The workable level would be around $565/t delivered for 10,000t cargoes, a trader says. There is not much price movement during the c…
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Anonymous
Very good overview of the weekly steel market.
Anonymous