GULF STEEL BILLET, REBAR: Prices stable but demand weak

December 19, 2018 / www.metalbulletin.com / Article Link

Import prices for rebar and billet in the United Arab Emirates (UAE) were stable this week although demand was weak, sources told Fastmarkets MB on Tuesday December 18.

Domestic rebarThe country's largest producer, Emirates Steel, was still offering rebar at 2,016 dirhams ($549) per tonne ex-works for December production while Conares Steel was offering rebar at 1,990 dirhams per tonne on the same basis.Local rebar producers are expected to announce...

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