Falling ferrous scrap prices have dulled sentiment in Singapore's rebar import market over the past week.
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 $455-465 per tonne for the week to Monday January 20, widening from $465 per tonne a week earlier.Turkish rebar was offered at $465 per tonne cfr Singapore during the week, down by $5-10 per tonne from $470-475 per tonne cfr Singapore in...