GULF STEEL BILLET, REBAR: Prices stable, demand weak

By Serife Durmus / April 24, 2018 / www.metalbulletin.com / Article Link

Prices for domestic steel rebar in the United Arab Emirates and Saudi Arabia were stable this week, although demand was not strong, sources told Metal Bulletin on Tuesday April 24.

And demand for imported rebar in both countries remained almost non-existent.Domestic rebarThe major rebar producers in the UAE announced their current prices on March 26.The biggest steel producer, Emirates Steel, is offering rebar at 2,412 dirhams ($657) per tonne ex-works for April production, while compatriot producer Conares...

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