Spot rebar import prices in Singapore widened downward during the week to Monday July 26 on the return of Indian material in the spot market, sources told Fastmarkets.
An Indian rebar cargo was offered by a trader at $740-745 per tonne cfr Singapore, although this was not met by any interest from Singaporean buyers.Market sources said spot price negotiations were mainly at $740-755 per tonne cfr Singapore on a theoretical weight basis, although there was no confirmed transaction...