11
Apr
10:52
Rebar offers inch up in Singapore, Hong Kong
The rebar import market has been quiet in Singapore and Hong Kong, Kallanish notes. Despite the upturn in the Chinese steel futures, importing sources are not convinced that the market’s rise is sustainable. The near-term market outlook is uncertain because there have not been any meaningful production cuts in China, but at the same time, raw materials prices have come up from their recent lows.
Malaysian theoretical-weight rebar for April/May shipment is of…
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Anonymous
Very good overview of the weekly steel market.
Anonymous