Singapore rebar prices rangebound on firm offers; buyers on the sidelines

Prices of rebar in key import market Singapore held steady in the week to Monday December 4 due to rising offers, underpinned by costlier raw materials and the sustained increase in Chinese steel prices.

A leading Malaysian mill was heard offering rebar at $555-560 per tonne delivered by truck on a theoretical weight basis, up $5 per tonne from $550-555 per tonne offered a...

Published

Nabilah Awang

December 04, 2023

09:45 GMT

Singapore