12
Jan
14:21
Rebar import market moves up in East Asia
The rebar import market in Singapore continues to rise in tandem with positive sentiment surrounding the Chinese steel market, Kallanish notes. Suppliers want to hike offers whereas buying prices are still trailing behind.
Middle Eastern theoretical-weight rebar is offered at around $645/tonne cfr Singapore. The material is heard to be a direct offer from Oman, Singapore-based trading sources say. Last week, the same mill’s offer was heard at $620/…
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Anonymous
Very good overview of the weekly steel market.
Anonymous