Prices for rebar imported into the United Arab Emirates decreased in the week to Tuesday October 30 with demand remaining weak.
The billet import market was also slow because the mills in the UAE have enough billet in stock to last for more than two months, sources told Fastmarkets.Domestic rebarLocal producers were still offering rebar at 2,016 dirhams ($549) per tonne ex-works this week.And Fastmarkets' weekly price assessment for domestic rebar in the UAE...