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14 Dec
12:11

Singapore rebar import market rises

Rebar prices continue to rise in Singapore, Kallanish notes. Traders are the main buyers in recent deals, Singapore market sources say. The stronger Chinese steel market and price uptick in raw materials have spurred higher steel prices in ASEAN. A Malaysian mill’s offer for theoretical-weight rebar was raised further this week to $570/tonne trucked to Singapore, which is equivalent to $565/t cfr. The mill’s offer was $560-565/t trucked to Si…
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