Rebar import offers in Singapore and Hong Kong have declined this week, reflecting a downturn in market sentiment. Despite hopes for direct stimulus during China’s NPC meeting, no such announcements were made. A leading Malaysian mill has reduced its offer for theoretical-weight rebar to $505-510/t delivered to Singapore, down from $510/t last week. Chinese rebar is now offered at $500-510/t cfr Singapore, also lower than the previous week. In Hong Kong, actual-weight rebar offers from China have dropped to around $505/t cfr, as traders express uncertainty about current deal activity amidst weak demand.