Singapore rebar prices edge upward; demands remains slim

Import prices for rebar in Singapore increased slightly in the week ended Monday March 20 after sellers raised their offers on the expectation of stronger second-quarter demand, but were instead met with unseasonably thin demand from buyers, sources told Fastmarkets.

There were no transactions heard concluded in the past week. Only a Saudi Arabian cargo was heard sold to Hong Kong at around $655 per tonne CFR on an actual...


Paul Lim

March 20, 2023

09:58 GMT