05
May
11:38
ASEAN longs markets nudge lower amid post-holiday bearishness
East Asian long product import markets are quiet amid bearish buyer sentiment, Kallanish notes. Participants including traders are also just returning from the Labour Day and Eid holidays earlier this week.
Malaysian theoretical-weight rebar is offered at $830/tonne cfr Singapore this week, down $10-15/t from transactions in mid-April. A trader reports hearing rebar from Oman offered last week at $820/t cfr Singapore but says that offers are sparse …
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Anonymous
Very good overview of the weekly steel market.
Anonymous