Singapore rebar import price continues to fall on ample Ukrainian supply

January 29, 2019 / www.metalbulletin.com / Article Link

The price for rebar imported to Singapore fell again on Monday January 28 due to ample supply from Ukraine.

Fastmarkets MB assessed the import price for rebar in Southeast Asia - which mainly looks at cargoes sold into Singapore on a theoretical weight basis - at $460 per tonne cfr for the week to Monday, narrowing downward from $460-470 per tonne cfr a week earlier. Some 100,000 tonnes of March-shipment Ukrainian rebar was sold to Singapore at $460 per tonne cfr, according...

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