Singapore's rebar import market is pessimistic, no recovery expected this year
The demand for Singapore's rebar imports was also seriously affected by the novel coronavirus epidemic. Professionals believed that even if the blockade measures were lifted, there might be no chance of recovery in the import market this year.
Currently, the import price of the theoretical weight of Singapore's rebar remained flat week on week, but buyers' interest was lacking.
In addition, there was no transaction in wire rods, and Malaysia had no longer offers to the Southeast Asian market but to China instead.
