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13 Jul
11:20

Rebar import market slips in Singapore

The rebar import market in East Asia was quiet this week, Kallanish notes. An uncertain market environment continues to depress buying sentiment. Offers for theoretical-weight rebar are prevailing at $550/tonne cfr Singapore. These are for Middle Eastern and Vietnamese origins. A leading Malaysian mill’s offer for theoretical-weight rebar for August shipment has slipped from last week's $560/t delivered by truck (dap) Singapore to around $550-555/t dap, …
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