Rebar offers for Southeast Asia

Monday, 07 November 2011 10:14:10 (GMT+3)   |  
       

SteelOrbis has learned that rebar offers from South Korea to Singapore were at $660/mt CFR last week, while ex-Turkey rebar offers to Singapore stand at $660-670/mt CFR.

Rebar offers for Southeast Asia follow a downward trend due to the declining production and decrease in iron ore prices. Due to the uncertainty of the future market, the buyers adopt wait-and-see stance.


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