GULF STEEL BILLET, REBAR: Buyers waiting, prices move slightly

March 17, 2021 / www.metalbulletin.com / Article Link

Steel billet and rebar buyers in the United Arab Emirates preferred to wait during the week to Tuesday March 16 so any price changes were small, sources told Fastmarkets.

Rebar producers in the UAE are expected to announce new prices soon so buyers are waiting to place import orders, market participants said.
The country's steel producers are officially offering rebar at 2,530-2,545 dirhams ($689-693) per tonne ex-works currently.

Some producers, however, were heard...

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