Prices for imported billet in the United Arab Emirates were unchanged this week, while import rebar prices fell, sources told Metal Bulletin on Tuesday April 3.
Demand for imported rebar in both the UAE and Saudi Arabia remained weak. Domestic rebar The major rebar producers in the UAE announced new rebar prices on March 26. The biggest steel producer, Emirates Steel, increased its rebar price to 2,412 dirhams ($657) per tonne ex-works for April production, and compatriot producer Conares Steel is...