GULF STEEL BILLET, REBAR: Buying activity picks up, prices stable

September 08, 2021 / www.metalbulletin.com / Article Link

Demand for steel rebar in the United Arab Emirates improved in the first week of September compared with August, while prices remained stable, sources told Fastmarkets on Tuesday, September 7.

Demand picked up last week because of low stock levels and buying has been strong so far this week, sources said.
Domestic rebar

Since August 24, the country's biggest steel producer, Emirates Steel, has been offering the product at 2,610 dirhams ($710.46) per tonne and Conares Steel's offer price has...

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