Prices for rebar and steel billet were stable and demand was low in the United Arab Emirates and Saudi Arabia this week because of the imminent Eid al-Fitr holiday, sources told Metal Bulletin on Tuesday June 12.
The Eid holiday will mark the end of the Islamic holy month of Ramadan, and will start toward the end of this week.Domestic rebarMajor rebar producers in the UAE announced new rebar prices on May 23 and have not made any changes since then.The biggest...