Import prices for rebar in Singapore were stable over the past week on thin demand for the long steel product.
Fastmarkets MB's import price assessment for rebar in Southeast Asia - which mainly looks at cargoes sold into Singapore on a theoretical weight basis - was $525-530 per tonne cfr for the week to Monday October 29, unchanged from the preceding week."The best offers are still $530 per tonne cfr Singapore," a key Singapore fabricator source said last Friday.These were mainly for Turkish rebar being...