02
Mar
12:05
Exporters seek higher rebar prices to East Asia
The rebar import market is quiet in Singapore and Hong Kong, Kallanish notes. Exporters continue to keep offers firm but buyers are slow to accept them.
Malaysian theoretical-weight wire rod is offered at $655-660/tonne delivered in Singapore. This would be equivalent to around $645-650/t cfr. Material from Oman is currently being indicated at $645/t cfr Singapore.
There are some orders for year-end forward-delivery rebar at $630/t cfr, a Singapore tra…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
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