04
Aug
15:37
Singapore rebar market sees higher offers
The rebar import market in Singapore saw offers rise after the recent spike in the domestic Chinese steel market, Kallanish understands. But the market is far from stable after a downward correction in Chinese steel futures on Thursday.
A Malaysian mill is offering blast furnace theoretical-weight rebar at $610/tonne cfr Singapore, up from $600/t cfr. Rebar from the Middle East is heard offered at $630/t cfr. Mills were spurred to hike prices on the improved …
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Anonymous
Very good overview of the weekly steel market.
Anonymous