Prices for imported rebar in Singapore rose slightly in the week to Monday October 19 due to there being less Turkish material in the spot market, sources told Fastmarkets.
Offers for Turkish rebar remained at $465 per tonne cfr Singapore on a theoretical weight basis, although Turkish supply is not readily available for December-shipment materials.A major Turkish mill sold 110,000 tonnes to Hong Kong at $470, $472, $474 per tonne cfr on an actual weight basis. The materials will be loaded onto...