29
Dec
10:26
ASEAN longs, billet import markets take respite
The long product and billet import markets in Southeast Asia were quiet last week because of the year-end holiday. Regional importers, particularly in the Philippines, were absent from the market, Kallanish notes.
Offer prices for imported rebar to Singapore and Hong Kong remain firm amid a quiet market. Malaysian theoretical-weight rebar is offered at $610-615/tonne delivered to Singapore, up from $600-610/t last week. “There is not muc…
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Anonymous
Very good overview of the weekly steel market.
Anonymous