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22 Dec
14:33

Rebar import market rises in East Asia

Offer prices for imported rebar to Singapore and Hong Kong continue to rise from last week but most bids are trailing behind hiked offer levels, Kallanish notes. Exporters of rebar are undeterred by the recent downward price correction in Chinese steel futures. Malaysian rebar is offered in the market as other sources including the Middle East have not been active in recent weeks. Malaysian theoretical-weight rebar is offered at $600…
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