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ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
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ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
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 rebar, offering at $660 per tonne cfr Singapore on a theoretical weight basis. "This supplier is not wil...