28
Oct
12:17
Southeast Asian rebar import market flattens
The rebar import markets in Singapore and Hong Kong were quiet during the week, Kallanish notes. Importers are generally unwilling to accept higher asking prices amid firming scrap costs. The market remains uncertain since they are taking cues from the Chinese steel market, which is very volatile.
Demand for rebar in Singapore is still dampened by labour shortages in the construction sector as a result of rising Covid-19 infections. Middle Eastern t…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous