Weakening Chinese market, new rules cap rebar trading activity in Singapore

Consecutive days of price drops in China along with new government-imposed requirements in Singapore pushed down import prices for rebar in the city state in the week to Monday May 29.

Sources told Fastmarkets that sparse activity was heard in the spot market, largely because four days of decreases in China’s domestic rebar market last week kept buyers on the sidelines....


Paul Lim

Nabilah Awang

May 29, 2023

10:36 GMT