17
Aug
13:08
East Asian rebar markets dip slightly
The rebar import market in Singapore has weakened slightly this week. Demand from end-users remains sluggish.
Theoretical-weight rebar from Malaysia is offered at $545/tonne delivered by truck (dap) to Singapore, or $535/t cfr Singapore, down $5/t from last week. There are also offers for Middle Eastern rebar at $545/t cfr, Singapore traders say. Buyers are looking for under $540/t cfr/dap levels, a Chinese trader observes. Kallanish assessed BS4449 500B 10-4…
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Anonymous
Very good overview of the weekly steel market.
Anonymous