Long steel prices in Asia expected to rise further in near term - sources

Market participants in Asia expect spot prices for long steel to continue to move upward in the near term amid bullish sentiment in the ferrous complex.

Many sellers of Indian and Middle Eastern rebar have raised offers or abstained from offering rebar into the Singapore import market.

A major Indian steelmaker was offering rebar at...


Paul Lim

January 24, 2022

13:09 GMT