Singapore's rebar import prices rebound on costlier raw materials

Import prices for rebar sold into Singapore have rebounded amid costlier raw materials.

The weekly Fastmarkets price assessment for steel reinforcing bar (rebar) import, cfr Singapore - which mainly looks at cargoes sold into Singapore on a theoretical-weight basis - was $415-425 per tonne for the week to Monday November 4, widening upward by $10 per tonne from a week earlier.

Middle Eastern rebar, especially those from Qatar, remained the cheapest option in the market during the week, with offers made around $425 per tonne cfr...


Paul Lim

November 04, 2019

11:00 GMT