04
Apr
08:30
Rebar import market drifts in East Asia
The rebar import market remains soft in Singapore and Hong Kong, Kallanish understands.
Malaysian theoretical-weight rebar for April/May shipment is still being offered at $520/tonne trucked to Singapore, equivalent to $510-515/t cfr Singapore. This is unchanged from last week.
Kallanish maintained BS4449 500B 10-40mm diameter rebar at $510-515/t cfr Singapore theoretical weight.
There are also offers for open-origin rebar for forward shipment, by October/Nā¦
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Anonymous
Very good overview of the weekly steel market.
Anonymous