20
Oct
13:32
East Asian rebar prices dip in buyers' market
Recent rebar import deals in Southeast Asia reflect a dip in the market. Kallanish notes that sellers have backed down to meet buyers’ target prices in the buyers’ market.
A deal for 30,000 tonnes of Vietnamese actual-weight rebar for end-November/early-December shipment was heard to have sold this week Monday at $585/t cfr Hong Kong, Vietnamese trading sources heard. The Vietnamese mill had initially targeted to export at $600/tonne fob for actua…
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Anonymous
Very good overview of the weekly steel market.
Anonymous