28
Jun
13:17
Singapore rebar import market moves sideways
The rebar import market continued to be quiet in Singapore this week, Kallanish notes. The lack of market direction and the volatile Chinese steel futures markets are deterring buying, with users preferring to take a wait-and-see stance.
A Malaysian mill is directly offering theoretical-weight rebar for August shipment at around $560/tonne delivered by truck or around $550/t cfr Singapore. This is unchanged for the past month. "The mill needs to export,"…
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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