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07 Jul
11:16

Singapore, Hong Kong rebar import markets drift sluggishly

The rebar import markets in Singapore and Hong Kong continue to be lacklustre, Kallanish notes. Recent regional trades for Malaysian rebar reflect its price competitiveness. Bookings of Malaysian theoretical-weight rebar for September shipment concluded at $647-650/tonne cfr Singapore last week, Singapore trading sources report. An international trader is heard to have ordered two cargoes for two Singapore customers at $647/t cfr. It did so to liquidate a pos…
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