Singaporean fabricator clinches sole dealership rights for rebar from Malaysian mill

A major steel fabricator in Singapore has clinched a sole dealership contract with a major Malaysian rebar producer, market sources told Fastmarkets.

The mill will offer about 20,000-30,000 tonnes of rebar each month to buyers in Singapore through the fabricator. The rebar will meet standards prescribed by the United Kingdom’s British Standards Institution and Certification Authority for Reinforcing Steels (Cares) - such as the BS 4449:2005 - that will allow its use in Singapore’s construction sector. “This is an additional supply source for buyers in Singapore, and may limit imports in the future, but only if Malaysian prices are competitive,” a rebar trader in...

Published

Paul Lim

September 20, 2019

07:55 GMT

Singapore