Rebar import prices flat in Singapore amid sparse trading, pessimism

Import prices for rebar in Singapore held steady in the week to Monday August 28 amid thin trading in the spot market.

Market participants said buyers stood on the sidelines due to pessimistic sentiment, which largely resulted from the bearish outlook for the recovery of demand in China, which typically takes place...

Published

Nabilah Awang

August 28, 2023

09:35 GMT

Singapore