Rebar import prices in Singapore widen downward on sparse trading, cautious sentiment

Import prices for rebar in Singapore widened downward in the week to Monday August 14 largely due to cautious sentiment that hindered trading in the spot market.

Sources said offers were steady but the market was quiet because market participants were on the sidelines amid downtrending prices in China.

"People are watching the price trends [in China]...

Published

Nabilah Awang

August 14, 2023

10:33 GMT

Singapore