Prices for imported steel billet in the United Arab Emirates decreased this week, while rebar prices were stable, sources told Metal Bulletin on Tuesday April 10.
Demand for imported rebar in both the UAE and Saudi Arabia remained weak.Domestic rebarThe 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...