GULF STEEL BILLET, REBAR: Rebar import prices fall on moderate demand

August 07, 2019 / www.metalbulletin.com / Article Link

Prices for rebar imported into the United Arab Emirates have decreased over the past week, with demand only moderate although some deals were heard, sources said on Tuesday August 6.

The lower price for imports was because market participants in the Middle East region will be celebrating the Eid al Adha religious holiday most of next week, so some deals were made at discount prices.Domestic rebarLocal rebar producers kept their prices unchanged for September production.The UAE's largest producer, Emirates...

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