Malaysian mills hike rebar prices on higher billet, scrap prices

Apr 09, 2012 | 02:34 AM |

Malaysian mills have raised rebar offers this week on higher billet and scrap costs. The mills are offering rebar at 2,300-2,350 ringgit ($749-766) per tonne this week, up from 2,250-2,280 ringgit per tonne two weeks ago. “Billet and scrap prices have climbed again, so we....

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