11
Jan
11:17
Singapore rebar import market softens slightly
The rebar import market is showing signs of softening in Singapore on the recent weakening of the Chinese steel and iron ore markets, Kallanish notes. But traders also say that mills are generally reluctant to lower offer prices.
A Malaysian mill’s offer for theoretical-weight rebar is officially at around $570/tonne trucked to Singapore, equivalent to $565/t cfr Singapore. This would apply for minimum 10,000-tonne orders. Its offers were $5/t higher a …
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous