Singapore's rebar market has come to a complete standstill due to a suspension of all construction activity in the island nation apart from that for key infrastructure projects as a measure to contain the spread of the Covid-19 virus.
Fastmarkets' weekly price assessment for steel reinforcing bar (rebar) import, cfr Singapore, which mainly looks at cargoes sold into Singapore on a theoretical-weight basis, was $390-410 per tonne on Monday April 20, unchanged from a week earlier.But there was scant interest from Singaporean buyers because...