31
May
10:46
Malaysian steel demand falters amid elections, new government
Malaysian steel demand has slowed down amid the recent Malaysian general elections, Kallanish notes. Uncertainties over the prospect of a changed government and its reforms have resulted in weakness in the domestic steel market.
Domestic delivered prices of 16-32mm rebar have fallen over the past two months from the above MYR 2,500/tonne ($628/t) level, Malaysian industry sources say. Prices fell from MYR 2,350/t to current levels of about MYR 2,3…
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Anonymous
Very good overview of the weekly steel market.
Anonymous