Singapore's new Covid-19 curbs may dampen rebar imports

Prices for imported rebar in Singapore might come under downward pressure from new restrictions being imposed in the country amid a spike in Covid-19 infections, sources told Fastmarkets last week.

The resurfacing of Covid-19 cases at dormitories for foreign workers in Singapore has led to the issuance of quarantine orders, as well as travel restrictions on those arriving from India.
"This does not have a major impact at the moment because of the small number of workers affected. However, if the number of infections increases, then the impact will be bigger," a source at a Singaporean steel fabricator told Fastmarkets last Friday April 23.

Construction activity in the city state remains stable. But construction companies...

Rising metals price volatility over past month

Gold stocks surge ahead of equities on metal price gain

Base metals outlook for 2026 opaque after decent rise last year

Gold and silver stocks far outpace the major markets

Bank of Japan boosts rates, continuing an unwinding carry trade