23
Aug
15:34
Qatar Steel sells large tonnage to Singapore: sources
Qatar Steel has sold 100,000 tonnes of rebar to Singapore in a bid to offset the halt in sales to United Arab Emirates caused by the ongoing diplomatic conflict between Qatar and its neighbours, various Gulf Cooperation Council-based sources tell Kallanish.
The sale is reported to have been made through an international trader at $500/tonne fob theoretical weight. This price on an actual weight basis is around $515-520/t fob, and is therefore more reminiscent of…
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Anonymous
Very good overview of the weekly steel market.
Anonymous