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27 Jul
13:32

East Asian rebar import market inches up

Suppliers have hiked rebar export offers to Singapore and Hong Kong after the surge in the Chinese steel market, Kallanish understands. Traders say offer prices have gone up $5/tonne from last week. Theoretical-weight rebar from Malaysia is now offered at $555/t delivered by truck (dap) to Singapore, a Chinese trader says. But a Singapore trader hears the offer from the Malaysian mill is still at $550/t dap Singapore, and adds that Middle Eastern re…
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