15
Oct
11:14
Thai mills hike longs prices, Malaysian rebar stagnates
Mills in Thailand continued to press for higher domestic rebar and wire rod prices during the past week, Kallanish notes. However, the rebar market is stagnant in Malaysia.
Thai mills are aiming for a sales price of THB 25,500/tonne ($737/t) for induction furnace rebar and THB 27,500/t for low-carbon wire rod, excluding VAT. The price hikes correspond to THB 1,000-1,500/t since the start of this month. “Prices are tending upwards because local scrap prices h…
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Anonymous
Very good overview of the weekly steel market.
Anonymous