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09 Dec
10:39

ASEAN longs import markets slow further

Southeast Asian import markets for wire rod and rebar are quiet, Kallanish notes. Suppliers are nevertheless keeping offers firm despite the lack of regional buying interest. Offers for 6.5mm diameter blast furnace low-carbon wire rod from Malaysia are unchanged from last week at $730/tonne cfr Manila. The lowest offer for an Indonesian mill's blast furnace wire rod was at $718/t cfr Manila last week but has now been hiked to $730/t cfr Manila. …
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