Singapore rebar market continues to see limited spot trade

The Singapore rebar import market continued to see limited spot trade in the week to Friday May 29 amid the ongoing Covid-19 restrictions in the country.

While Singapore is due to exit the Covid-19 restrictions, also known as circuit breaker, from June 2, there has been no announcement by the government on any large-scale resumption of construction activities.

“There remains no demand from Singaporean buyers because of how uncertain the construction industry will be for the rest of the year,” a Singaporean buyer told...

Published

Paul Lim

June 01, 2020

09:15 GMT

Singapore