Page 5 - Wire Rod News Today

Demand for imported rebar in Singapore was stable in the past week, with some participants remaining in the spot market for cargoes ahead of the new year.

Singapore bought two rebar import cargoes recently, including a 25,000-tonne late December-loading cargo from Oman and a 40,000-tonne January-loading cargo from Vietnam. The latter is from a major blast furnace (BF)-based steelmaker in central Vietnam.

Middle East Long and Flat Steel Products Market – Analysis By Product Type, End User, By Country : Market Insights, Covid-19 Impact, Competition and Forecast Executive Summary The Middle East Long and Flat Steel Products Market was USD 19. 2 billion by value and x million Tonnes by volume in the year 2020. Strong governmental expenditures, buoyed by high energy prices will continue to spur construction-led steel demand for the region. May 06, 2021 07:41 ET | Source: Repor...

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Singapore rebar import price trends higher on stable demand The price for rebar imports into Singapore rose again this week, supported by stable demand from end users and sustained raw materials prices. A major Singaporean buyer was heard to be in the spot market bidding for imported cargoes at $675 per tonne cfr Singapore on a theoretical weight basis, against offers by traders at $680 per tonne cfr Singapore for a 50,000-tonne July-shipment rebar cargo from Turkey. ...

Prices for rebar imports into Singapore continued on an upward trend in the week to Monday March 1 on bullish sentiment caused by rebounding scrap prices and higher offers from key suppliers, sources told Fastmarkets.

Times Business Awards Kolkata 2021: Recognizing brands & celebrating their excellence in the business world + We serve personalized stories based on the selected cityOK Hello, Subscribe Please enter valid email. Thank you for subscribing!Your subscription is confirmed for latest news across Entertainment, Television and Lifestyle newsletters. Trending Now: Times Business Awards Kolkata 2021: Recognizing brands & celebrating their excellence in the business world Comments () H...

Singapore rebar import prices edge higher on bullish start to post-holiday business in China Prices for rebar imports into Singapore increased in the week to Monday February 22 on bullish sentiment caused by the return of Chinese steel market participants, sources told Fastmarkets. Both Turkish and Chinese steel mills had raised their offers against a bullish backdrop after the Lunar New Year holidays. A major east China steel mill was the only supplier for Chinese reba...

A key topic reverberating around the Asian steel market over the past month has been the possibility of China reducing steel export rebates to 9% from the current 13%, or possibly axing them altogether.

A key topic reverberating around the Asian steel market over the past month has been the possibility of China reducing steel export rebates to 9% from the current 13%, or possibly axing them altogether.