Rebar import prices in Singapore fell in the past week amid a surge in Covid-19 infections and volatile iron ore prices.
Rebar offers from Turkey were made at $730-735 per tonne cfr Singapore during the week. Other Middle Eastern mills offered cargoes at $750-760 per tonne cfr Singapore.A cargo consisting of 40,000-50,000 tonnes of Turkish rebar was said to have been sold to Singapore last week at $720 per tonne cfr, but this...