28
Sep
12:21
Singapore rebar import market dips on weak demand
Rebar offers are flat in Singapore this week, Kallanish notes. The market is quiet with no trades heard taking place. The approaching Golden Week holiday in China has contributed to the slowdown in the market, market sources say.
A Malaysian mill’s offer for theoretical-weight rebar is unchanged from last week at $545/tonne delivery by truck (dap), which would be equivalent to $540/t cfr Singapore. Offers this week for rebar from Vietnam and the Middle…
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Anonymous
Very good overview of the weekly steel market.
Anonymous