02
Nov
03:31
Singapore rebar importers mull over firmer prices
Rebar exporters to Singapore have raised their offers in tandem with the improved Chinese steel market, Kallanish notes. Buyers in Singapore are taking stock of the price increases to see if the upturn is sustainable.
A Malaysian mill’s offer for theoretical-weight rebar is prevailing at $545/tonne delivery by truck (dap), which would be equivalent to $535/t cfr Singapore. Previously, a cargo from this mill was heard to have concluded around $10-15…
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Anonymous
Very good overview of the weekly steel market.
Anonymous