22
Jun
12:53
Rebar markets stagnate in ASEAN
The rebar import market was quiet in Singapore during the week, Kallanish notes. A downward correction in Chinese steel futures compounded by the long holiday weekend in China have suspended buying interest.
A Malaysian mill’s offer for theoretical-weight rebar is unchanged this week at around $560/tonne delivered by truck or around $550/t cfr Singapore. “There is nothing going on this week,” a Singapore trader says. “It’s quiet,&rdqu…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous