28
Dec
11:13
Middle Eastern rebar offer appears in Singapore
Rebar prices have remained largely unchanged in Singapore, Kallanish notes. Suppliers continued to keep offer prices firm, whereas buying interest was thin on account of the seasonal year-end slowdown.
Earlier in the last week of the year, a trader was offering theoretical-weight rebar from Saudi Arabia at a competitive price of $545/tonne cfr Singapore. The offer is for a minimum order booking of 30,000 tonnes and is believed to be for February shipment. The…
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Anonymous
Very good overview of the weekly steel market.
Anonymous