Singapore rebar import prices rise further

Import prices for rebar sold into Singapore maintained their upward trend in over the past week amid China’s strengthening market.

Fastmarkets' weekly price assessment for steel reinforcing bar (rebar) import, cfr Singapore - which mainly looks at cargoes sold into Singapore on a theoretical-weight basis - was $430-435 per tonne on Monday November 18, up $5-10 per tonne from a week earlier.

Qatari rebar was offered at $430 per tonne cfr Singapore...

Published

Jessica Zong

November 18, 2019

10:26 GMT

Shanghai