Singapore rebar prices narrow upward amid gains in Chinese ferrous futures

Prices of rebar imports in Singapore narrowed upward in the week to Monday September 18 despite limited activity in the spot market while buyers remain on the sidelines as they watch the price trends in China.

Sources told Fastmarkets that rebar prices in China have started to stabilize over the past week, after being volatile several weeks prior.

"Prices are currently supported by raw materials costs,...


Nabilah Awang

September 18, 2023

11:43 GMT