05
Oct
13:02
Singapore rebar import market pauses on China holiday
The rebar import market in Singapore is muted, Kallanish notes. Many suppliers are not active now, trading sources say.
“It is very quiet as no Chinese traders are present [amid the Golden Week holiday],” a regional trader notes.
Offers from exporting mills into Singapore have risen slightly this week. Quotes moved up because raw materials are firm, a Singapore trader notes. A Malaysian mill’s offer for theoretical-weight rebar is hea…
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Anonymous
Very good overview of the weekly steel market.
Anonymous