08
Feb
10:38
Imported rebar markets dip in Singapore, Hong Kong
The rebar import markets were silent in Singapore and Hong Kong on Thursday, Kallanish notes. However, there appears to be a market softening based on the latest prices heard.
A deal for around 10,000 tonnes of theoretical-weight rebar from Malaysia for March delivery closed at $565/t trucked to Singapore during the week through 5 February. The deal was done through a trader and is a resale of a cargo which was booked earlier. The Malaysian mill’s direct reb…
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Anonymous
Very good overview of the weekly steel market.
Anonymous