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BCA oversees areas such as safety, quality, inclusiveness, sustainability and productivity, all of which, together with our stakeholders and partners, help to achieve our mission to transform the Built Environment sector and shape a liveable and smart built environment for Singapore.
Prices and Price Indices. Statistics on the consumer, producer and international trade price indices are compiled by the Singapore Department of Statistics. Statistics on prices of construction materials are compiled by the Building and Construction Authority.
Singapore Construction Materials Price: Steel Bars data is updated quarterly, averaging 783.000 SGD/Ton (Median) from Mar 2004 to Sep 2018, with 59 observations. The data reached an all-time high of 1,657.800 SGD/Ton in Jun 2008 and a record low of 397.100 SGD/Ton in Dec 2015.
May 29, 2024 · In 2023, the price of 16 to 32mm steel reinforcement bars in Singapore was at approximately 879.62 Singapore dollars per metric ton.
With effect from Jan 2015, the market prices of rebar (without cut & bend) are based on fixed price supply contracts with a contract period of 1 year or less. Prices of rebar other than 16-32mm dimensions may be subject to surcharge. 7
price fluctuation clause for structural steel in applicable ongoing public sector construction contracts with substantial usage of structural steel. Background 2 Material prices for common construction materials such as concrete, steel reinforcements (rebars) and structural steel have been rising steadily since early 2021.
Jul 1, 2024 · Construction Materials Price: Steel Bars data was reported at 795.600 SGD/Ton in Sep 2018. This records an increase from the previous number of 793.800 SGD/Ton for Jun 2018. Construction Materials Price: Steel Bars data is updated quarterly, averaging 783.000 SGD/Ton from Mar 2004 (Median) to Sep 2018, with 59 observations.
Features. — Access to over 80 daily and weekly key price assessments for the steel, coking coal, ferrous scrap, and iron ore markets. — News and information, including import and export data and supply and demand outlook. — Legislative updates and key conference summaries.
NatSteel is a leading steel producer and recycler in Singapore, offering high-quality reinforcement steel solutions and online services. Visit natsteel.com.sg to learn more.
The jump in 2021 steel rebar and flat products prices at an annual average rate of 43 per cent and 53 per cent, respectively, also contributed to skyrocketing steel prices that have in turn, led to a sharp rise in overall construction costs in Singapore.
