06
Jan
13:36
Rebar import market picks up in Singapore
The Singapore rebar import market saw renewed buying interest this week when a Middle Eastern supplier offered a large quantity of material, Kallanish notes. Buyers were seen pressing for lower prices in negotiations.
At the start of the week, several stockists and users reported that they were offered theoretical-weight rebar from a UAE-based mill at $710/t cfr Singapore. Some buyers have settled and indicate they booked at around $700/t cfr, a Singapor…
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Anonymous
Very good overview of the weekly steel market.
Anonymous