27
Jan
10:47
ASEAN longs import markets strengthen
Southeast Asian import markets for wire rod and rebar are firming on suppliers' bullish expectations and rising raw materials costs, Kallanish notes. Regional buyers are acceding to higher prices because of limited supply and lack of cheaper options.
The rebar import market rose in Singapore after a buyer booked a Turkish rebar bulk cargo at around $738/tonne cfr theoretical-weight basis. “Turkish rebar has standardised pack…
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Anonymous
Very good overview of the weekly steel market.
Anonymous